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.

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American Creek Resources Ltd > Some Nuggets from the circular

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Comment by Larry60on Nov 18, 2024 4:13pm

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Post# 36318657

RE:RE:RE:Some Nuggets from the circular

Rusty,

The GEM facility is NOT A LOAN! It is a token subscription agreement. THe details you dont know are that the amount of tokens GEM will by is capped by trading volume amongst other things (they buy tokens at discount and sell them into market)

Its as simple as that

If trading volume gets to a billion, maybe there is a chance...........................but current volumes a next to 0.....

all imho

rusty111 wrote: If what you say is correct and GEM is Not a company that does financial loans whatsoever then why do they need to have 3.5 billion dollars for ?

According to what your saying they have no intention of loaning out money but sit around waiting for crypto sales to accumulate into something Hmmm

ARE YOU SURE THATS THE OFFICIAL GEM MANDATE ?

Please back up your thesis