Artemis Resources Ltd ARTTF

Take over talk

[brandy2000]

Lots of Novo/KL/ES take over discussion on the NVO board. The only thing about this is its certain that NVO will be the take out play. NOVO will never mine a single ounce while ARV will be mining in several months.

[brandy2000]

KL does not have enough cash resources at this time. The current spec on a ARV Purdy’s purchase possibly is already out of the reach for KL. At 5 g/t the in ground NPV of the resource is unbelievable at 10 it’s insane and at 15 nobody can afford it.

[wwadehammer]

So right brandy 2000.  Incredible to me how few believe in the story dispite all the mounting evidence.  I suppose many looked at it and decided that they missed all the big gains due to the 10 fold increase in SPs over the last six months.  SP will go up based on continuing assay results over a wider and wider area until as you say no one can afford to takeout the companies.

[Hopeful2017]

I don't understand how any holders can sell at this point, unless they wanted to cover their initial investment or take a little profit, because the next big jump hopefully is less than 2 months away with grade results. It's just time to wait now...still low daily low volume but it's like giving up your lottery ticket before they reveal if you won or not

[reeJoey]

Hope:  Understand what you are saying and I agree.  But, just for fun, I think the analogy is misplaced.  If a lottery had the odds of "winning" as Artemis, they would immediately be out of business. The dual Powerball and Mega Millions jackpots promise a massive return: For just $2 per ticket, you could win more than $300 million in either drawing. Just don

[TheRaj]

NVO might not be supplying miners but they will still be paying their 50% share of the cost for all mining work.