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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 rockport1on Dec 10, 2021 4:18pm
126 Views
Post# 34220283

RE:RE:RE:RE:RE:Go SHORTY, it's your birthday!

RE:RE:RE:RE:RE:Go SHORTY, it's your birthday!

Stockmoves, interesting that you don't consider me a long.  I have held shares in Treaty Creek since before it was discovered. In other words, I have held shares in Teuton before the turn of the century.  I would say that is a pretty "looonnnnngg" position.

If you are specifically referring to AMK, you are somewhat correct. While I fully believe there will be a massive mine on the Treaty Creek property someday, I don't hold long term positions in AMK.  I do purchase shares in AMK for swing positions when I consider the price grossly undervalued. However, I prefer to hold my long term positions primarly in the other two partners. 

Also, to be clear, I do not hold short positions. I prefer to just "sit-out" when I think the stock or markets are in bear markets.

Stockmoves1 wrote: Shall I chime in my 2cts worth.... Rockport isn't what I consider a long but does it with a little class.. that being said I felt the same way as H&L many times.. When you trade a stock its one thing and that was stated fairly that you cant afford to lose capital.. problem with that is when a stock doesn't perform the way you expect one easily turns on it... Most of us longs here are in thru thick and thin.. yes our positions will alter from time to time but our view of the final outcome remians in place.... So I do see the reason what was said... not trying to create waves here but rather presenting the facts.

 

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