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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 Jun 08, 2024 10:10am
152 Views
Post# 36079131

RE:No telling what might come of this.

RE:No telling what might come of this.FastTrade you raise many valid points / What we do know is this is classic venture style action many of us have seen far too many times / This has many holes in it but we also know how fast a play with a story can go from a dime to a dollar and this one has all the right ingredient / Remember we went to 50cts b4 the serious drilling campaign / what I do not like is an offer from a nobody company that doesn't seem to have the credentials to do a serious offer / that being said, Vancouver is full of deep pockets and billionaires / the story surrounding this company I buy into in this cray world so never say never. / So how do you play this?? sell below pivot and pay your dues rebuying higher if the pivot goes. That is one way but that hurts and is tricky / take half your money, if not a 1/3rd off when you see your cost and take another 1/3 off at 43 and ride the free shares? / many scenarios, but do get that sorted out in advance. Too many people say I will wait and see. Guess what? by the time you see it's hindsite. That never works!! The hardest thing in this game is profit taking and you will never get it right entirely.. Take your green and be happy / the bright spot is with that spare cash there are other great plays that haven't moved yet, and will if this market lights up, ie:FVL. Look at the charts and stories behind different plays / how far along they are in the process, etc.. and place your bets. Thankyou for the kind words, I am happy some stayed the course and at least aren't in the red. We all want at least a 10bagger out of this so 43 is very low when we wanted 70 at a minimum, but heh the story is not over. 
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