OTCPK:ARTTF - Post by User
Post by
arh0070on Oct 20, 2017 11:17am
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Post# 26836683
Artemis boosters club
Artemis boosters clubThe paid advertising feature by artemis was quite interesting in giving the history of how this gold rush started in a pub somewhere in the pilbara .i also found it interesting that someone with some type of license can go onto someone elses tenement and prospect for gold nuggets with a metal detector and presumably pocket the nuggets .I am sure as a practical reality given the size of these tenements you cant police it anyway .On the really good show aussie gold rush they have one episode where people are chased off a lease .
I see overnight that Mcarthur minerals (mms) released some additional info about thier joint venture with artemis and some sampling .The grades reported do not appear to be very impressive and mms stock has not budged today .In these gold rushes and there have been many through the years the devil is in the details which is the grade per ton .Those that get carried away i think must have been assuming that the grades will be incredible .Time will tell when the actual drilling results come in .I have little doubt that this will be a roller coaster drive and most people who invest in this space will loose money .
Theold timers who have been exploring the Pilbara for 40 years plus must be rubbing thier hands in glee at the money they are making .It has been known that this region of Australia has had gold for 100 years ,its how much that is the issue .Interesting to reflect on why Artemis feels the need to take out advertising in an Aussie newspaper if this discovery is the best thing since sliced bread.