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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

Comment by Larry60on Dec 11, 2024 10:16am
58 Views
Post# 36356467

RE:BOC cuts another 50 bps

RE:BOC cuts another 50 bps 9lives,

ALL that matters for AMK right now is Cunninsham coming up with the $210 million..............

If the $210 milliion is not there, a few things will happen:

1)  AMK will plummet down to the low teens everything else being equal,
2) AMK will likley have to do a PP to cover all their costs unless Cunninghsam hands over some of the NGTG $$$ they pocketed,

If that were to happen, and I think it will, it will be a disaster for AMK shareholders.  As well, it could taint Treaty Creek even more than it has been already

Hopefully Santa delivers the $210 million in the next 36 hours


NineLives wrote: There's a correlation between rising interest rates and reduced interest in speculative junior explorers. Possibly we might see renewed interest in this sector as interest rates decline. Most of the tax loss selling is completed so where to now but up.


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