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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 Larry60on Jun 07, 2024 12:32am
147 Views
Post# 36076864

RE:two .......words

RE:two .......wordsPS if the AMigos trade tomorrow, I suspect they will be up.  I will be selling before the dump comes in

TUO and AMK are very illiquid.  A sucker born every minute.  It was just demonstated tonight with the excitement over a non binding bid from a company with NO MONEY and a mkt cap of $2M.

Its stunts like this that give juniors a bad name.

Its stunts like this that help prevent realy institions focussed on gold from investing in TC

But dumpers will cash out big time on this

Larry60 wrote:
Pump...................and Dump!

What do we know about HNRC?
1) They have a market cap somewhere between $2 million and $4 million!
2) Cash position is close to .  $400 on last financials!!!!!
3) It is a Pink Sheet listed "company" that traded for .01 a share TODAY!


What do we know about deal:
1) It is not a deal, just a non binding offer,
2) It is subject to Financing..........cuz HNRC has NO MONEY!!!!!
3) There is a fee payable to AMK if HNRC can NOT raise the money.  What is the fee on a $200 million deal???  "up to" $115,000!!!!!!!!!!  Yes, up to $115k.  AMK has wasted a multiple of that already on this deal!!!!!  THey even hired a big name and expensive law firm@@@

Anyone remember West High Yield pump and dump????  Announced a deal with a company with NO money.  see chart below. check out the spike, for a day before it was halted, in fall 2017

THIS IS A SELLING OPPORTUNITY into the pump!!!!!!!!!



 


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