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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

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Post by abcdefghijklmn1 on May 24, 2022 10:28pm

5/24 Sedar

"factors indicate the existence of material uncertainties that may cast significant doubt about the Company’s ability to continue as a going concern, and accordingly, the appropriateness of the use of accounting principles applicable to a going concern.
In recognition of these circumstances, management is pursuing various financial alternatives to fund the Company’s exploration and development programs, including private placements, property dispositions and settling payables for shares, so it can continue as a going concern. There is no assurance that these initiatives will be successful."
Comment by CaptainE on May 25, 2022 9:07am
Holy, you really are clutching at straws now. The statement you mention is common across hundreds of listed startups and juniors. It is a disclaimer because duh..... THEY AREN'T MAKING MONEY YET!
Comment by fordster on May 25, 2022 9:55am
Lol!....And I was wondering how our beloved Alphie suddenly became so knowledgeable! I was thinking he was being fed exactly what and how to say something! Pledgerism is right up his allly... though admittedly Alphie I was damned impressed at first.
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