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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 FastTradeon Jul 07, 2022 10:43pm
117 Views
Post# 34810182

RE:RE:RE:RE:The crash has just started.

RE:RE:RE:RE:The crash has just started.
There's a running consensus the Fed will unleash QE5 later this year or early in 2023.
This in itself will have a rejuvenating effect on the stock market. It will also push inflation to new heights down the road.
These are good indicators for gold, but in about a year out from now.
Never before in modern history has there been a better window to prepare for and start buying gold and choice gold stocks as this period over the next year will be.
Considering the motivating factors in spite of the Fed and what their course of action easily foreseen will be over the next year, it should and most likely will be game on for gold next summer and beyond.

I would prepare before timing the market too much and where the POG will be in several months, taking into consideration the potential as always for good, maybe even spectacular drill results by Tudor later this year.

There is also the potential for a black swan event good for gold, in the nature of a possible limited Mid-East nuclear strike between Israel and Iran in the coming months.
Iran is on a mission driven by fundametalist religious beliefs that Israel must be destroyed.
Iran is now on the cusp of nuclear strike capability and Israel is going to shut them down with nukes of their own if need be.
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