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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 LonghandStrongon Oct 09, 2021 2:10pm
148 Views
Post# 33992131

RE:RE:Great entertainment

RE:RE:Great entertainment
IMO with a new ceiling put in by the last TUD PP, that if she does pop, that it won't be until PEA, which is........? Seeing that we slide on low grade results, and super slide through winter, and super slide after resource, where will this be when / if PEA is released? More drilling = more cash and at these share prices that means dilution and further pressure on share price. Interested to see the latest fonancials from AMK, post Stinger, how much cash do they have? What's their burn, legal, accountancy, listing and NR fees, G&A, how long until AMK PP and dilution? At 5-6-7 cents a share we'd have to issue 20MM shares to get a million cash, 20MM into 400MM = another 5% float expansion. I am hoping that AMK leadership has been operating an austerity budget.....
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