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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 28, 2022 9:50am
96 Views
Post# 35055566

RE:Stockmoves 1 ;

RE:Stockmoves 1 ;I fear this is just that .. A dead cat bounce of an oversold market. the charts pointed to support on the DOW at 29k. If support didn't come in here it gets awfully ugly awfully fast.... the only way this rally is sustained is if PUTIN lightens his stance of agression and we have not seen that... I do not have an opinion as to why Gold goes up or down.. All I have is my gut telling me what I feel and when Gold was struggling holding support in the 1700's my gut finally told me this is going down.. then when I took a look at the 10 and 20 year chart I could see why... but more than that, money is never made and sectots never get hot until there is first blood on the street... we are far from that.... will it take another year or two to sort this out? I am not sure.. what I am sure of is that paper these days isn't worth the ink it is printed on. What sustains the markets is all the artificial paper out there. With over 40trillion that came off the printing presses in the past few years alone, where else can it go but into the stock markets. It has to go somewhere, so the markets get the needed  support until the system is utterly broken, if it isn't already. sorry if this doesn't even give a hint of what you are asking but I just am not that sophisticated...
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