OTCPK:ARTTF - Post by User
Post by
arh0070on Dec 22, 2017 9:38am
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Post# 27213838
Artemis
ArtemisStrange how people just materialize out of nowhere to post .Artemis has now corrected back to where it was before all the hyping .A lot of novices got sucked in by the hype have lost 2/3 rds of thier money and probably sold out now ,panicking yesterday .Classic small gold market where the novices get sucked in at the peak and get burned .That said if you believe in the Pilbara and Lenigas it might be a good time to nibble .As indicated before I prefer DEG as it has better management and it has significant proven gold reserves which just got a lot better with great drilling results .
As I have said before Artemis would be better off without Lenigas ,someone who is an experienced geologist who is calm ,doesnt have ADD and can focus on one or two projects it might be a decent investment with thier strategic mill .With Lenigas all you have to look forward to is mad rushing around ,multiple projects all requiring financing and a blizzard of new share issues and dilution followed by a reverse split .That has been his history .Maybe Sprott or Makuch will engineer something .Artemis needs an experienced board not a hyperactive CEO and an Arab prince who lives in Dubai .