American Creek Resources Ltd V.AMK

Alternate Symbol(s): ACKRF

Metals & Mining Industrial Metals & Minerals

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.

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American Creek Resources Ltd > I would think a Major would want 100% of a project

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Comment by Jetstream1281on Sep 18, 2024 4:59pm

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Post# 36229872

RE:RE:RE:RE:I would think a Major would want 100% of a project

But you're right Garzilla....my $30/Oz was based on older data.....recent acquisitions would say that it is way low....

I just wonder what the rush was with the PEA coming in 6-9 months....it makes no sense to do a low ball deal right before one of the biggest sp rising events in a company's history...I'll take it if it happens, but in a lot of ways I hope it doesn't...and that it was never supposed to....

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