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Bullboard - Stock Discussion Forum Artemis Resources Ltd ARTTF

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... see more

OTCPK:ARTTF - Post Discussion

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Post by arh0070 on Apr 30, 2018 3:34pm

artemis

Regular Monday press release from artemis in Australia. Looks like they are going to be a copper and nickel miner first. The gold conglomerate story is very quiet due to sampling problems in very hard rock .Not sure how profitable mining copper and nickel from a small open pit close to their processing facility will be .The big problem is they are burning through cash and have a huge number of shares outstanding .Long term the price will be determined by the conglomerate gold story but this is proving very slow to develop due to the gold being in granite which is very hard .
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