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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

Post by FastTradeon Jun 10, 2024 12:16pm
162 Views
Post# 36081050

AMK - merely obliged to play along

AMK - merely obliged to play along  and not show their hand at this point is the way to handle this.
Aside from this Cunningham proposal, and it may turn out to only be a proposal with nothing concrete to back it up - a ruse to sell their AMK shares and then buckle.
Or if it is legit nonetheless where a great deal of doubt rests that it can be regarding their ability to fund it is proven otherwise, then would/could  see AMK selling far short of the prize of all prizes of all time.
That being, an unprecedented time in history never before seen that lay ahead for the unravelling of the Fed in an unnavoidable inflation tsunami that is going to unfold within the next two years at the most driving gold into the stratosphere.

Cunningham isn't exactly new to the area. Once again could be  selling AMK held shares to fund their already existing going concerns with no other further intent .

Legitimacy needs to be established before any real money ever comes close to this deal.
Right now as it sits its just pie in the sky with AMK merely obliged to play along.

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