Artemis Resources Ltd ARTTF

Again: NOVO UP and Artemis DOWN!

[allenbow]

NVO up 4.75% today and the dog, oh pardon me, Artemis down 2.56%  What did the CEO do in NYC? Scare everybody?  Still holding but ran out of breath....

[andrewkursa]

Guys what do you expect,that Artemis will jump to 1$ overnight? It's still trading nicely and Novo went to almost 6$ and came back slightly before explode again and Artemis will definitely follow her. Just be patient.

[goldminer01]

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[allenbow]

I suppose not much will happen until we see more results from Purdys. https://artemisresources.com.au/wp-content/uploads/2017/09/ARV_Purdys-Reward-Update_Final-final.pdf If results are prospective, maybe some major will just offer a buck and be done with it. I don't think Lengias/Mead/kemp have really been too effective over the years. Pay 'em and boot 'em. Jmho.

[kingdaddymack]

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[allenbow]

"what we really need is some kind of confirmation that this is Wits2"  For sure!  Maybe an indication soon.  Let's hope. eom

[goldminer01]

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[Raptor7]

Somehow, some way, somewhere along the way this company and NVO are going to have to become a little more evenly valued.  Only about 20% the value of NVO at this time.  Just don't know what the catalyst will be.

[goldminer01]

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[truestar2]

Both companies have more land than either can drill or mine in our lifetime - the MKT Cap should and would be a lot higher if Artemis Chairman Lenigas would get his act together and start getting along with people.  The best thing that could happen is a take out and with the potential at Artemis it should be at a lot higher price.

[goldminer01]

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[allenbow]

Totally agree.  As it stands ARTTF cant hold a gain. eom.

[wwadehammer]

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

[goldminer01]

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[kingdaddymack]

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[NovaAU10000]

Go back and read Tx post again.  He did not say Artemis does not own the land.  Of course they own the land.  They simply are in a 50/50 JV on Purdy with Novo.  

[goldminer01]

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[honkytonkgirl1]

Hi Wade Yes, this certainly strikes a chord. In the weeks and months prior to the take out by Eldorado Integra's shareprice was definitely being held down and most posters at the time did not see a cheap take out offer coming. However, this nowadays seems to be the norm rather than the exception and in the cases that I was in this was exactly what had happened and each and every time to the

[Giganticus]

I was with Integra as well HTG. I'm still steaming when I think of how that went down but the truth is this the way things are in this space. I cant think of any case over the last 5 yrs that any deal brought fair value for retail investors. Golden parachutes are all the rage these days it seems. Greed wins out every time. G