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Re: DeerBalls post# 31920

Thursday, 02/09/2017 1:31:44 PM

Thursday, February 09, 2017 1:31:44 PM

Post# of 44393
American Creek Too Early for me. Great assays, but all the exploration, 43-101, PEA, and building a mill is ahead of them. They've been tied up in litigation for a while by the sounds of it. I'd (almost} guarantee the share price will be lower a couple years from now, since all that stuff has to be paid for, and I don't think they have any source of income except the share structure (= dilution). They're a minimum of 5 years away from production, and that's if everything goes right. With miners, nothing goes right LoL!

Getting there too early, especially with exploration stage companies, is usually a losing proposition.

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