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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 fairdinkemon Dec 10, 2021 10:19am
217 Views
Post# 34218319

Gold Fever, Right here Right now!

Gold Fever, Right here Right now!From reading the post of Cobra Shelby, it is to me that as for AMK we could be  hitting  between a solid 7.oo to a very tough high of 14.oo USDs in a bidding War.  That woild only become possible should we sell out the Goldstorm of 60 to 70 Mill OZ of AU.   

Those have been my near prices  for a long long time.  

The fly in the ointment is "we may just goto production as the 3 AMIGOS MINING" with the sale of just the Gold Storm property being tendered to the new consortium of this Newco the 3 Amigos Mining.   Company thinking as a 20 or 30 year life of mine is a point of cosideration.   Walter handeled this same situation very well in Eastern Canada with the HUGE mine that he brought to production. 

Question remains that,would we be more profitable for the Production model or the sell out deal???????
 
 
  
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