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Bullboard - Stock Discussion Forum 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... see more

TSXV:AMK - Post Discussion

American Creek Resources Ltd > Heres my Take.
View:
Post by Stockmoves1 on Nov 18, 2021 1:23am

Heres my Take.

I will say it up front, this is only speculation... WHY is AMK so strong right now when TUD is so weak?? and why was AMK so weak when AMK was so strong months back?? we were being dumped while TUD was still reasonably solid... My gut tells me that the MM dumped us down prior crippling TUD knowing it was to come later and these characters thought when TUD comes crashing down AMK will capitulate further.. thus the reason I threw up sizeable stink bids at 13/14.. they felt if we get AMK to 17 and crater TUD we may get even more of a landslide.. What they found is 17 is all she wrote so now we have a solid bottom as TUD is weak and AMK appears more solid than it was.. All I can come up with is AMK is covering and accumulting while TUD gets punished and then once the reversal is in effect TUD comes back to life and we all pop 50%.. I hope this makes sense to you all.. short covering happens on weakness not on strength.... so cover while TUD is down and the general public is selling into this..

LONG on AMK,,,
Comment by fordster on Nov 18, 2021 9:39am
It seems they have been "see-sawing" us back and forth. They drop us...then drop Tud while we recover. Then come back us to us.     They flat out decimated Tuo up front off the bat. Tuo seems more stable for a while now: but clearly the most undervalued JMHO
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