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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 Stockmoves1on Aug 31, 2022 9:20am
82 Views
Post# 34931944

RE:RE:RE:RE:RE:RE:RE:RE:PP filled....

RE:RE:RE:RE:RE:RE:RE:RE:PP filled....:) perhaps it all comes down to a lot of things and there are many different ways to look at this no doubt... we can both agree we have 20% of treaty creek and that does not change.. so yes we are in a good place. perhaps I am looking at this wrong feeling our sell price will be a percentage of TUD vs Treaty Creek.. That is a good argument on it's own I suppose .. If when this gets sold we are paid according to the price TUD gets then Dilution will play a part in the formula .. So with this thought in mind I still prefer TUD raises money at higher dollars not lower. That first PP TUD did at 4$ with Sprott carried us a long ways with little dilution... But it also may have put pressure on the stock if the PP was a short??. Now that is a whole other argument in itself.. For me to even say this stings but sometimes I wonder. When you look at how many companies he financed right at the top of the cycle I get suspicious, but heh it is what it is.. The dollars produced results, turning up ounces, and this in the end is what shareholders will be paid for... These are my own thoughts is all. right or wrong. Jetstream I appreciate your posts, just ignore me if I am getting under your skin.
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