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 > Facts

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Post by NineLiveson Nov 04, 2024 3:52pm

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Post# 36295918

Facts

AMK is a target of a take-over, higher share price. BUY.

TUD has mentioned delaying the PEA and is under an ATM, plus delayed PEA means more dilution as exploration continues. Lower share price. HOLD.

TUO is neutral due to limited promotion, dollar investments as holders of millions of shares of TUD move with the price of that stock. Small float hard to buy, no news on other properties. Is undervalued and has been for a while but a very difficult take-over target as shares are tightly held. ADD on dips.

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