OTCPK:ARTTF - Post by User
Comment by
Millskingon Jan 14, 2018 8:34am
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Post# 27352579
RE:Arv
RE:Arvarh0070 wrote: Well the board has been unusually quiet and the booster club didnt have much to talk about .Its the slow season in the pilbara ,its too hot to do much .Dl is in London presumably on vacation .The share price is down about 60% from the peak .If anyone needed a confirmation of the crazy unfocused nature of what artemis is trying to do it is exploring for Au,Fe,PD,PT,Cu,Zn ,Ag ,diamonds ,Ni Co at multiple locations .I had been thinking of buying back artemis but its just too unfocused ,has limited resources including limited management resources and too many projects .Even a major company couldnt cope with it all.Its a recipe for disaster ,seen it all before .Its interesting to note when you have huge numbers of shares outstanding in order to keep the share price up you need a constant flow of news ,no news the speculators loose interest and sell and move on .
Loads of psts on hot copper ,not possible to keep up ,looks like there was some fake news on hot copper about Kairos and a strange tweet attributed to DL .
Decided to buy more DEG instead ,its down also but has some good drilling results and seems more focused .
Not sure why they are bothering to persue a canadian listing you can buy the stock on the Aussie exchange in 5 minutes online through fidelity at low cost with excellent executions ,just have to put a limit order .
They will mine Carlow castle which is sulphide deposit so while getting cobalt they will get a credit with copper and gold , they will also mine radio hill deposit through the sulphide plant. The two stage gravity gold plant which is being built will do the conglomerate gold at either purdys or patch 47 ground / silica hills possibly/ mt oscarwits. Artemis don't touch purdy that's novo gig, they just have input of what goes on which leaves them to do there own thing on the other grounds. Remember all there plays are close to the plant and what they are targeting will produce credits...remember the prices of copper/cobalt/nickel and gold are on the up . When you have a plant that can produce 1 primary ore e.g cobalt and its credits e.g copper/nickel are both also up trending in price it does not take long for the very tiny capital investment to be covered and free cash flow is coming in ....then you have the two stage gravity gold circuit......it's all manageable with this plant design. This then allows growth. No current conglomerate gold players are in a position like Artemis and none will be printing money like Artemis period.