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.

TSXV:AMK - Post by User

American Creek Resources Ltd > I never doubted the crypto coin ever being created

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Comment by FastTradeon Oct 19, 2024 12:52pm

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Post# 36273148

RE:RE:RE:RE:RE:RE:RE:I never doubted the crypto coin ever being created

Mustang80 - the points you made are the common misconceptions that have been spread about here.
-but GEM for one, doesn't loan out the money.
Not at the rate of $208 million dollars they don't.
GEM guarantees the backing to the crypto format selling the tokens after they are sold providing Cunningham in this case with a reduced return in cash.
GEM will not lend Cunningham Mining $208M up front to buy-out AMK and as such, Cunningham Mining has no quantified amount of gold in the ground to be exemplified as backing for their gold token to be listed as the NGTG$ token.

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Two micro-cap stocks with strong fundamentals