Post by
Swl1896 on Mar 30, 2021 3:02pm
Very quiet
It has become very very quiet. I wonder if they will hold onto the drilling results until they complete whatever is being planned with Artemis and Dundee.
Comment by
JenoB65 on Mar 30, 2021 4:07pm
The only thing they are holding back is the stock price. No reason for it to go beyond $0.48 when insiders can buy it for $0.25. They have already double their profits. It's the dumb smucks like us that bought in the mid .40s that will have to wait for Dundee to put in an offer. Artemis has no interest. They only bought shares because Velocity is practically giving them away.
Comment by
Quailman on Apr 17, 2021 12:14pm
As I understand it Artemis invested about 13 million in Velocity back in March 2019. If I can recall it was at 17 or 18 cents. In my opinion it seems like Artemis has a very real interest in Velocity. Exercise of a convertible debenture seems like a thumbs up. Gave them some cash to derisk by drilling even more. Has there been a bunch of insider selling?? I can wait a little longer.