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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 Jetstream1281on Jul 05, 2022 12:37pm
95 Views
Post# 34802245

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:2069.10

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:2069.10There ARE pumpers here, but there are also realists. 

The SP drop has to do with a number of factors...including (but not limited to):
- the poitical climate
- the financial climate
- the POG (which we're now seeing DOES actually have an affect on these plays regardless of what some would say)
- The lack of substantial news regarding these particular stocks

These lead to a lack of confidence in the markets and therefore a lack of volume. When there is a lack of volume it is easier to manipulate for those who wish to.

The other thing to keep in mind is that these are far from the only plays getting beaten up.....the entire sector is in a tailspin right now.

From an investment standpoint, it is pretty obvious there is something here - it is just a matter of time. TUDs management has made it clear they are sticking to their plan of delineating the resource and doing the PEA properly. When things fall into place everyone will be singing a different tune.

It is also a matter of perspective.....many of us were here when we were down at 5 cents or less and made some pretty good money. It looks like that opportunity may be coming again.

Let me ask you a question: When this runs to 30, 40, 50 70 cents...or a dollar, would you rather have purchased your shares at 40 cents or 5 cents?

For those who have been here a while it's just another opportunity....of a lifetime more than likely. For those of you who haven't, don't let these games get you down. This WILL turn around. If you have the cojones to wait it out you'll be rewarded...
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