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 > Latest short position

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Comment by NineLiveson Dec 06, 2024 11:42am

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Post# 36349351

RE:RE:Latest short position

SilverSam, this won't be the first buyout target I've seen trade at a discount to the buyout price right up until the last minute. Granted this one is a little more complicated but to short this when a squeeze could so easily happen is basically gambling. Where as longs are still supported by the property itself.

Just took a look at Seabridge, close to breaking down below $19 if it does $15 will be the next target. Possibly TUD could buy them out !! ;)) How the wheels turn.

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