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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 > With TLG being a VERY VERY SIMILAR DEPOSIT
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Post by Potadvisor1 on Apr 05, 2024 7:48pm

With TLG being a VERY VERY SIMILAR DEPOSIT

with about the same SIZE and around the same GRADE, than a very EASY and EXTREMELY REASONABLE deduction should be, that since ARTG is trading at a market cap of close top 1.8 BILLION, than it is 100% ACCURATE to say that after TLG's FS is out in May, it can EASILY get HALF the market cap of ARTG, which would be around $ 3 dolars per share based on a FD 300 MILION SHARES OUT. If that is the case, than from where we are today at .69 cents, the UPSIDE than for TLG appears to be over 400%. The question than is; does ARTG have that kind of an upside from here ???
And if NOT, than it is clear, that TLG would be the buy at this time. Hey, MATH DOES NOT LIE.
Comment by geolteacher on Apr 11, 2024 2:53am
You're right, Math doesn't lie, however assumptions and interpretations can be tricky. Artemis deserves a much higher market cap because it's going to be pouring gold before the end of 2024, and is in-budget and in-schedule for completing constructions. Troilus has not gotten to an FS yet. It's latest presentation projects federal approval in "2025-2026" so it might be ...more  
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