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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

Post by Rockit2on Sep 29, 2022 1:51pm
234 Views
Post# 34995401

$$$ ;

$$$ ;Well , to tell you the truth I haven't thought about this company in months . When I saw gold breaking out, AMK was the first company I thought of. Now if gold breaks threw $1680.00 I'll double my position. True , this company would be a very high cost producer if it ever makes it to production. BUT , with the number of ounces it's got it's a no-brainer for a large company to take it over. BUT , like I said, we need higher gold prices. If gold breaks threw and really goes on a tearer, I honestly believe that this is at least a 5 bagger ! Kind of pissed me off that I paid .13 and an hour later here we sit at .125 . When gold breaks threw this half penny will look like chump change! I believe gold is starting to move not on dallar strength but on inflation they can't seem to get a handle on. As well as big problems in the bond markets . These aren't micro economical problems, these are macro economical problems that are rite in the bones of the world wide financial system. If I'm rite we're going to see $2,000.00 dallar gold pretty quick. Between the massive short positions to be covered, and a big rush to get into the gold market gold should move bigtime . Fingers crossed people , let's hope for the worst. Just kidding but at least now im prepared , Cheers
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