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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 11, 2024 10:47am
90 Views
Post# 36082693

RE:RE:RE:It’s the previous insiders

RE:RE:RE:It’s the previous insidersstockmoves, are suggesting that this NON BINDING LOI with a bidder with $0 of proven funds and a parent affiliate with a market cap of $2.5M was only done to pump the price of AMK up into the 30s and to help TUD get a PP done at $1.20 on the back of that instead of at 75 cents???????

Thats a helluva a take on it.  And i can see why you would say that.  I dont know that Id come right out and say that on a public bulletin board, but good for you!

Still thrilled that I sold all my AMK Friday morning.  As you may remember, I said THursday night that I would sell into the frenzy. Averaged around 22 cents and a bit.  Greed is not good!

Stockmoves1 wrote: Think about how these boiler room shysters work / It's cordinated buying, selling, shorting to control the tape. First sell then you state it after the fact and start bashing. Once the mission is accomplished there is a new spin why they bought as they rinse and repeat over and over wearing down Joe constantly manipulating your thought process. This offer has all the makings of manipulation. There will be no less than 3-4 runs b4 the deadline approaches. I felt a lot of the concerns were valid at the start of all of this but after taking some time to sort this out in my mind I see such a valid upsdie to the strategy of getting AMK up to 40cts. TUD is bleeding and when this gets to 30cts and I feel strongly the sentiment will shift and a sizeable PP closer to $1.20 is likely in the cards. I will trust the numbers and when I sawAMK push 25 with volume well over 20 I see enough dollars that flowed in to support the cause. It is important that they hold it under 20 for a tad to wash out weak hands so they do not swallow these shares at 30cts when someone is willing to dump them at 17. I add another 1/3rd here and soon go all in...


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