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.

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Artemis Resources Ltd > Who's got the Most Geo's In the Field?

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Comment by Raptor7on Oct 22, 2017 11:40pm

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RE:RE:RE:RE:RE:RE:RE:RE:Who's got the Most Geo's In the Field?

TXRogers says...

But I think the real discount in stock price is a market perception of an inferior management team coupled with the fact that ARV does not control the JV and has no real source of capital other than dilution. NVO has a sugar daddy with KL and ES

TX

I'll give you that management's reputation may be playing a role but how much discount can this justify? At the end of the day Purdy's Reward is still a 50-50 joint venture. You also conclude that ARV is prone to dilution while NVO is not. Your reasoning is that NVO has a sugar daddy in Kirkland Gold and E. Sprott? What further sugar are these two going to bring that will not be in a form of additional "dilutive" private placements? And have we also forgotten that Sprott has invested in ARV? If not, then how is it concluded that NVO has him only in their corner?

It seems people are giving themselves headaches trying to rationalize why ARV trades at barely 10% the value of NVO. Stop it! There's just no good reason. But perhaps the longer people keep grasping at ideas to explain it, the longer it is going to take to correct itself.

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Investing in the 60/40 portfolio, is it still relevant?