American Creek Resources Ltd ACKRF

Primary Symbol: V.AMK

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 never doubted the crypto coin ever being created

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Comment by roberto146on Oct 21, 2024 2:48am

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Post# 36274192

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

curtis111: "Roberto, from Cunningham news release. I've spoken to Cunningham, one token. Not two."

News release 9/19/24:
Nuggettrap

If they told you it's one, now it's one I guess. All the NR and PR implied two dedicated tokens identified with the separate projects, NTG and NTGGOLD. I suppose the idea now is that the Nuggettrap and AMK projects are now merged, and backed by 'gold-in-the-ground', which for a buyer of undeveloped projects is up to a few hundred bucks an ounce. Building a mine yields more of course after you raise a few billion to develop it. Reading the tokenomics article on the Nuggettrap site doesn't provide much clarity as to the economics of the placer property which has no stated resource.
Best to just wait and see at this point.
The rest of it, acquisition by a major etc, I don't even want to comment further.

The NGT (now NGTG) token to be listed on Biconomy exchange 10/23.
Previously, the White Paper, and the Nuggettrap website, disscuss the NGT token as the token to raise $60MM for the Nuggettrap project. It is also the subject of the Sept 19th NewMediaWire news release; "VANCOUVER, BC -

(NewMediaWire) - September 19, 2024 - Cunningham Mining Ltd is excited to announce the launch of its Nugget Trap Token (NGT) offering, priced at $0.60 USD per token. This innovative tokenization initiative aims to revolutionize the mining sector by providing a new financing model for mining operations by leveraging the Assets."

Nuggettrap launch

Maybe they'll change the news release and bump up the $60MM to $396MM to include the GEM 'token subscription agreement' presumably activated upon receiving the exchange listing so they can trade, and from 100MM tokens to 660MM tokens (if all sold at 60 cents). After all, Cunningham have a firm deal to buy AMK for cash in the next few months. That alone would be 350MM tokens.
The Biconomy exchange was created in 2019, and their coin and token listed in 2022.
Biconomy: (click on 'all' to see chart history from inception)
Biconomy coin

Biconomy token: (again, click 'all'). Trading at $0.000004718.
Biconomy token