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.

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American Creek Resources Ltd > Level 2

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Comment by CharlieWaffleson Dec 03, 2021 11:33am

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Post# 34195047

RE:RE:Level 2

Platinum, Pretty excited about it so thought I would toss it out there in case you're looking for some stocking stuffers for the Holidays!!!

https://www.bullionbypost.com/price-ratio/platinum-silver-ratio-chart/

RATIO is about 40 Silver = 1 Platinum

In Sept 2020 touched 33 I believe this to be 2 second all time LOW and in the 80's hit 20

But what a great set up! Semiconductor shortages affect cars and lowers demand for Platinum. Tight supply but shorter term Palladium could benefit as it is in a supply shortage even after heavy ETF selling in 2020 but back to Platinum and the set up.

If demand remains close to non-existent because of semiconductors then you would assume lower prices, now what about Silver, it's all about the RATIOS no treble :) Silver down for lets say 16 months? So what would need to happen for a 20 RATIO?

Current Range Platinum at $957 Silver at $48

This looks promising if silver moved up 50%? Low demand should keep Platinum down

2Y_LOW Platinum at $674 Silver at $34

2Y_HIGH Platinum at $1260 Silver at $63

or this one would be interesting assuming almost $100 SILVER!!!!

Platinum at $1850 Silver at $93

Now keep in mind the goal, trading back into Silver so on the HIGH end RATIO you have 140 with a 150 MAX and current RATIO of 40 to keep it in perspective. I've been trading this for my physical.

Platinum to GOLD

https://www.bullionbypost.com/price-ratio/platinum/gold/alltime/

Half the Price of gold and 30X more scarce lol. I must be a sucker :)

This also helps to get some perspective if RATIOS are interesting. This is 20 years broken down into percentiles.

Look at platinum bottom 10% is 48 current 42 but that's one hell of a gap between 48 and MIN of 33. I think this gap could get filled by silver moving up or it never gets that low, you miss 40 and in a few years it's who knows! lol

Enjoy!