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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 garzillaliveson Oct 02, 2024 1:24pm
50 Views
Post# 36250271

RE:RE:RE:RE:RE:It looks like we are going forward those 43 cents finally.

RE:RE:RE:RE:RE:It looks like we are going forward those 43 cents finally.
NineLives wrote: Basically because these markets are c rap. The majors know it, we know it so deposits are going to get stolen at very low prices for the actual in ground resources. I'd hoped with Gold and Silver rising that this sector would pick up but volumes remain low.

So these guys will put their masks on and literally hold shareholders up knowing for the most part they can get away with it, so unless investors return to explorer stocks we're just sitting ducks.

Happy with 43 cents under current market conditions. If you think it's worth more then go sell the idea to another suitor.  The only other outcome is this property is worth more to another buyer as a whole and not piecemeal. In which case we may see a superior bid encompassing all 3.


But a better deal will no come until after a PEA, and the Cunningham deal messes this up. It will hamper both TUD and TUO. IMO
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