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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

Comment by bigboy999on Sep 10, 2021 3:26pm
159 Views
Post# 33840975

RE:RE:Who cares?

RE:RE:Who cares?I swore off posting on this board because posting any legitimate questions or concerns will likely lead to an attack on your character. I'll end with this though. I've been monitoring the progress of the three partners in the TC project for some time. The way I base my decisions as to which of the three TC partners to invest in is based on the following: Number one - ignore the factless hype posted on the boards. Number two - click on filings above and study the MD&A's (Mangagement Discussion and Analysis) and the latest financial statements for all three companies. Amoung other things I look at are shares issued and outstanding, management compensation, cash on hand, cash coming in, liquid assets, burn rate (cash this period vs a year ago), any encumbrances against 60/20/20 share split a company may hold, interests outside of TC (land holdings, joint ventures, royalties etc). After a good review of the facts, factor all this together and anything else you might find material and reconcile it with the current share price and maybe you'll be enlightened. I'm not in any way suggesting that many posters have not already done this and are well informed but by the tone of many of the posts I can't believe some have not.

All the best to all the investors in the TC project ....... BB 
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