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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 PUCKHOGon Jun 13, 2024 3:12pm
72 Views
Post# 36087744

RE:RE:GOOD FAITH!

RE:RE:GOOD FAITH!Larry "good faith" is a legal term, used in many contracts.  It requires the parties to do or not do certain things,  What were they doing during " a long negotiating period": obviously negotiating, to get the basics (ie. terms and price in place.)  "Due diligence" would probably invovle investigating if the gold really is there, by examining documents of the history of Treaty Creek.  This might take a week or maybe two.  Once that is done the parties can sign a binding contract.  Not rocket science and done many times before.  Up early tommorow Larry!
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