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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 Feb 14, 2024 10:26am
116 Views
Post# 35879629

RE:Today’s news release says…….

RE:Today’s news release says…….Yes, that is interesting, but the Math doesn't work. Even at todays price our market cap is still closer to 50mill than 20mill. Gold sure is not working in our favor again. Seems we just can't get a break. One can only hope we bring in a reasonabe dollar for the 9.9% Ken was talking about from a large investor. They were talking about someone in London possibly. All these guys like this stuff cheap. It doesn't surprise me if the companies that invest are not part of the shorting and often cover their short thru a financing not moving the needle up hugely. Thank goodness this has become a hobby for me at most and not a full time job anymore lol.

 I will remain focussed on this portion of the nr. 

Tudor Gold's objective is to optimize the current Mineral Resource by concentrating on higher grades to increase the overall quality of gold, silver, and copper resources. As a result, the Company is focused on delivering an enhanced Mineral Resource Estimate on the Goldstorm Deposit which will improve the overall prospects of the Treaty Creek Project as it advances towards a Preliminary Economic Assessment (PEA).
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