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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 Jetstream1281on Dec 15, 2024 10:57pm
105 Views
Post# 36363545

RE:If the deal

RE:If the deal This us 100% where I sit....I believe in the TC story and will continue to hold even if this deal fails....the project is too good not to go to production and the next deal won't be this low....having said that, I think we close....too good a deal for Cunningham to back out of.

NineLives wrote:

Fails then the shorts make money and outside agitators win a reprieve.

If the deals goes through shorts will lose and long term investors collect a well deserved bonus.

If the deals  fails long term investors know that the resource at Treaty Creek is steadily growing so they are still backed by oz's in the ground. Just a longer wait.

If the deal succeeds the new concept of supporting a token with something tangible will gain more respect in the world of Crypto.

As mentioned before, this amount required to take over AMK is tiny in the crypto sphere. Cunningham (after all this work and due diligence) would be crazy to pass up on the chance to push the Nugget Trap token further and as many have mentioned get a percentage of Treaty Creek at a bargain price in the process. It also depends on Gem Digitals agreement with the said buyer. They should be satisfied after seeing the token take off after a very short period of promotion. 

Investors know what could happen in every scenario it seems some posters think the investors in AMK are stupid and can't read. But if posting over 20 negative repetitive posts a day is your only gift to the world of finance then do your thing.

Now we wait. See you at the conclusion. 

 



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