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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 Oct 25, 2022 4:20pm
96 Views
Post# 35047922

RE:$$$ ;

RE:$$$ ;Assuming interest rates stay high you raise perhaps a valid argument. I definately do not have all my eggs in one basket but given the argumant you give albeit not entirely wrong we would not have any Gold mines in operation because the cost to running most anyone of them would be too high. so then one has to beg the question is there long term value in Gold or not??  when I say i will be all in that reflects 10-20% of my entire PF only.. I call it insurance for when the dollar cracks... but heh never hurts to raise an opposing viewpoint...
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