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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 Jan 20, 2025 11:43am
71 Views
Post# 36412010

RE:Larry I will ask again

RE:Larry I will ask again BUd,

as I said when I brought it up a week ago or so, most of this stuff is best discussed off of the board .....either in messages or directly

but my laymans understanding of some things that may be relevant:

1) AMK entering an LOI with an entitiy with no assets of substance,
2)  AMK accepting the GEM TSA as prood of financing,
3)  Lack of disclosure on progress of Cunninsam raising $210 million especially in conjuntcion with extensions.
4)  AMK taking on the risk of all the costs even if Cunninghsam fails to raise the $210 million, highly unusal,
5) Undue promotional activities...............this is the hardest to prove (if one thinks it might be true) and the most expensive but given the nature of many posters on this board, it may be worth thinking about.

The people that stand to gain the most from pursuing action???  Anyone who has bought shares since June 6th in the market.  Losses, and the reason fore them, might become very obvious if and when this deal falls away.  Any long shareholder might also be eligible for damages but in a different manner.

These are just the ramblings of me.  Do not rely on them.  If this AMK "deal" fails and you feel like you have been harmed, especially if AMK crashes to 10 cents and then has to do a PP to cover the $2.5 million in expenses they told us they have, then seek legal advice from a licences attorney diretly..........

budwieser wrote: Can u fill us in on the meeting with the  Man in the Pinstripe Suit?


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