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American Creek Resources Ltd V.AMK

Alternate Symbol(s):  ACKRF

Metals & Mining Industrial Metals & Minerals
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

American Creek Resources Ltd > JUG getting the boot?
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Comment by CharlieWaffleson Aug 17, 2021 1:37pm
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Post# 33717646

RE:RE:JUG getting the boot?

RE:RE:JUG getting the boot?Interesting. Tone implies bad by bad I will assume mine is never built. 
 
Let's break this appart. 
 
First nation steps in, says no way no mine no deal. 
 
TC is worthless = no money
no money = no jobs
no jobs = no money for people
no money for people = no tax provincially
no money for people = no tax federally
no money for people = Government Subsidy Expenses
Government Subsidy Expenses = Higher Taxes for Workers 
Higher Taxes for Workers = No Re-Election?
 
Best part. If the First Nations said no, might the Government simply walk away or add their desired conditions?
 
Oh the excitement. Glad we didn't have JUG's management. 
 
Keep us posted. 
 
GTG
Pools' calling! 
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