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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

Post by Larry60on Nov 14, 2024 10:33am
163 Views
Post# 36312643

Will 28 cents hold today???

Will 28 cents hold today???Very thin on bid and asks.......................................I think it will hold today.....................the rumper flumper is not over ................yet......................

At 28 cents, the upside and downside are very similar (both just over 50%) ................one can say this implies a 50ish % chance of the deal happneing this month.  IMHO, the chances of this deal happening in the next few weeks ie sharehodlers gettin 43 cents in cash per share, is well under 5%...................thats a bold statement...........cuz Im a bold guy.................and FACTS MATTER.....
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