American Creek Resources Ltd. (ACKRF)

[douginil]

Why Have Treaty Creek Stocks Been Dropping?

Friday 08/21/20

In todays “Weekly Wrap UP” with Eric Sprott he was asked why Tudor (at its affiliates at Treaty Creek) have been drifting downward. Perhaps you may have been wondering the same question?

For some time now many “gold experts” have been saying that gold needs one last consolidation or pullback before it’s major push up to a wide variety of predictions, most being $3,000 per ounce or higher. Gold peaked on August 6th at $2,070 and as predicted has pulled back to a low of $1,920 on August 12, and is trading today around $1,938. This has had an effect across the board on mining stocks including Tudor, American Creek, and Teuton. We don’t know how deep or how long the pullback will be but the good news is that the same people who predicted golds move up and the recent pullback also predicted the launch to new highs coming off the pullback. This makes the current price for AMK stock a good opportunity.


Read more & link to the Sprott interview at:
https://mailchi.mp/cb586725db9a/sprotts-view-on-treaty-creek?e=6f11d69fd1