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American Creek Resources Ltd V.AMK

Alternate Symbol(s):  ACKRF

American Creek Resources Ltd. is a Canada-based junior mineral exploration company, which is engaged in the acquisition and exploration of mineral properties, principally for precious metal deposits. The Company’s projects include Treaty Creek and Austruck-Bonanza. The Treaty Creek Project covers approximately 114 square km in the Skeena Mining District of northern British Columbia and is situated approximately 70 km north of Stewart. The Austruck-Bonanza Property is located within the Kamloops Mining Division 53 kilometers north-west of the city of Kamloops in south central British Columbia. The Austruck-Bonanza Property is underlain by Devonian to Triassic Harper Ranch formation comprised of fine grade sedimentary rocks including mudstone and shale and includes basaltic volcanics. The Company holds 100% interest in the Austruck-Bonanza Property and 20% interest in the Treaty Creek project.


TSXV:AMK - Post by User

Post by McGoldenon Mar 20, 2021 12:19pm
319 Views
Post# 32845039

1Can dollar for a troy oz

1Can dollar for a troy oz I have watched a couple recent interviews over again a couple more times. First March 18 kitco with Pierre Lassonde. Pierre says alot of very interesting things. One of the things he says is m&a will pick up considerably in the next few months. He also noted that copper gold or gold copper deposits are by far the most desirable deposit. Another thing he says I found extreamly interesting is a junior explorer must be able to find an oz at 20 30 40 dollars past that your in the wrong business. That brings me to the Ken Kenkin interview with the assey tv. The goal to prove about another 30 mill oz. Eric Sprott asks Ken how much will that cost, Ken says thats easy a dollar per troy oz Canadian dollar! Wow far cry from 20 to 40 dollars. So having said that Tud will definitely need more money this year if they are going too complete a 40 to 50 thousand meter drill programe. Also if tud does achieve the meters they want too drill and put another 30 mill oz on the board oh boy what are we worth then. Barrick has access to 9 billion right now. So if all goes well tud puts 2 billion pounds of copper 200 million oz of silver 50 mill oz of gold. That 9 billion Barrick has access too will not be enough money anymore. As I have said before I think a major takes over before tud puts up ridiculously huge numbers and the price tag is like a meter in a cab just keeps going up and up and up. Either way tc is a winner.
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