Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Voyageur Secures First International Sales Contract worth US$1.9 Million (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Artemis Resources Ltd ARTTF

Metals & Mining Copper Industrial Metals & Minerals
Artemis Resources Limited is gold copper and lithium focused resources company. It holds three projects in Western Australia, including Carlow Castle gold-copper-cobalt project in the West Pilbara; Paterson Central project in the Paterson Province (located adjacent to Greatland Gold / Newcrest’s recent gold-copper discovery at Havieron, and Osborne joint venture in the West Pilbara. The Carlow Castle gold-copper-cobalt project is situated in the mining jurisdiction of Western Australia’s West Pilbara, 25 kilometers (km) from the regional city of Karratha. The Carlow deposit is on granted exploration license E47/1797 and is only 35 km from Artemis resources 100% owned Radio Hill Processing Plant. The Lulu Creek Gold Project lies 20 km to the west of Artemis’s Carlow Castle deposit. The Paterson Central Gold-Copper Project is located within the Yaneena Basin of the Paterson Province. It controls 144 square kilometers (km2) of prospective tenure adjacent to Green Tech and Azure Minerals.


OTCPK:ARTTF - Post by User

Artemis Resources Ltd > Again: NOVO UP and Artemis DOWN!
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by wwadehammeron Sep 15, 2017 8:43pm
99 Views
Post# 26703913

RE:RE:RE:RE:RE:RE:Again: NOVO UP and Artemis DOWN!

RE:RE:RE:RE:RE:RE:Again: NOVO UP and Artemis DOWN!I had Integra Gold which was recently bought out by Eldorado.  The SP in the months before stayed in the same range for around 2 months despite very good drilling results.  Someone was driving the SP down at the end of the day.  Also, drilling results for key targets were never issued and a year's worth of drilling was never quantified into a PEA.  Of course it was a set-up for Eldorado with to buy it cheap with management getting hugh payouts.

Here, I see the same pattern of holding the SP down to make a buyout offer for say $0.50 look good.  As there a four major stockholders, this stratagy might not work if they stick together and holdout for good drill results.  As Novo is running the drill program, the first set of drill results could come back short of expectations at which time someone could move to take out the JV portion with Novo.  You may think I paranoid but look at the stakes.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities