OTCPK:SPVEF - Post by User
Comment by
Quailmanon Jul 27, 2019 12:54pm
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Post# 29967127
RE:Artemis Gold Inc
RE:Artemis Gold Inc242000000 shares AGB/20 = 12100000 shares Artemis issued.
Artemis owns 18600000 shares of VLC@$0.48.
$8,928,000/242,000,000 = 0.0369 x 20 = $0.74 per share
There was also a loan deal with VLC that would allow repayment in shares at $0.25 and 93 million warrants good for 3 years @ $0.25. Not sure of the loan deal but those warrants are in the money with 30 months left. I would say Artemis is easily worth 1$/share.
93000
I think I am seeing this right. If you see it different or know more please let us know.
In the meantime buy VLC. I trust these guys.