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Bullboard - Stock Discussion Forum Artemis Gold Inc V.ARTG

Alternate Symbol(s):  ARGTF

Artemis Gold Inc. is a Canada-based gold development company. The Company is engaged in identifying, acquiring, and developing gold projects in mining-friendly jurisdictions. The Company operates through a single segment: the exploration and development of mineral properties. The Company is focused on the development of the Blackwater Gold Project (Blackwater Project) in central British... see more

TSXV:ARTG - Post Discussion

Artemis Gold Inc > Might be a while before it gets the Permits
View:
Post by Shadow10 on Mar 03, 2023 10:58pm

Might be a while before it gets the Permits

Thats why i am not buying till the permits have been delivered. Sell!  Buy back when it drops.
Comment by metalhead666 on Mar 04, 2023 9:31am
Just waiting for a signature now.  It's gone through all the processes and just needs to be signed off on. Do you think the company would order all the equipment if there was any doubt about the last step?  Everything should be in place this month. If you wait you'll be paying up. 
Comment by Shadow10 on Mar 06, 2023 12:07am
It wouldn't be the first time the NDP government has f--ked some company. The company has to pre-order their equipment, you just don't phone them up the day after you get your permits. Artemis went down 25 cents friday while the price of gold went up. Maybe some one inside  knows something? Thats why i wouldn't buy yet. Maybe i'm wrong?
Comment by SeekingAu on Mar 06, 2023 1:49am
But it went down on low volume on Friday. If there is insider trading, then look at the trading week at SBB, there it went strongly up with strong volume. If ARTG went down sharply on heavy volume, then there might be something to it, but it doesn't look like it at the moment. Also, the financing was closed, do you think the banks would release the money if the permit didn't come? Also ...more  
Comment by Shadow10 on Mar 06, 2023 3:00pm
With completion of this important step, the BC Mines Act Permit remains on track for decision in Q1 2023 as previously disclosed,” said Steven Dean, Chairman and CEO for Artemis Gold Inc. “This is the last major permit required for the start of major construction activities at Blackwater later in Q1 2023.” Further updates will be provided in due course. Have not seen any updates to say its ...more  
Comment by jedd11 on Mar 04, 2023 6:30pm
That strategy may work for you but it is very difficult to time the market. I would not want to be on the outside looking in when they receive the BC Mines Act permit approval. This final permit decision is just a rubber stamp at this point and will almost certainly be approved this quarter (if not this week).
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