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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 Jun 03, 2022 5:53pm
229 Views
Post# 34730897

RE:RE:RE:RE:amk and stng

RE:RE:RE:RE:amk and stngVery interesting. I think Blaney is actually the CEO and AMK also employs a CFO seperately who it seems is also quite well compensated. Just for curiosity I checked our TC equal 20% partner TUO to compare. It seems Dino Cremonese runs the show pretty much by himself. He staked TC way back when and spends his summers in Stewart and takes a hands on approach, and from what I can remember readiing he's a certified geologist. He's accumulated 30+ properties, a bunch of NSRs, joint ventures, etc, etc, etc. His mangaement fees back in 2006 were $36,000 and similarily modest in the years since then. To be a fair comparison though, one should check share based compensation as well. As with Garlick please feel free to check and make corrections but please spare me the ad hominem attacks as they add nothing to our discussions. Not suggesting AMK management isn't getting appropriate compensation, but assuming they are, TUO shareholders seem to be getting a steal of a deal on management fees.

GLTA ............. BB
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