Artemis Gold Inc V.ARTG

Alternate Symbol(s): ARGTF

Metals & Mining Gold

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 Columbia. The Project is situated in central British Columbia, approximately 160 kilometers (km) southwest of Prince George and 446 km northeast of Vancouver. The Company has 100% interest in 328 mineral claims covering an area of 148,688 hectares (ha) distributed among the Property and the Capoose, Auro, Key, Parlane and RJK claim blocks. The Company also holds interest in Velocity Minerals Ltd.

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Artemis Gold Inc > Flies In The Ointment

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Comment by metalhead666on May 05, 2023 3:40am

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Post# 35432189

RE:RE:RE:RE:RE:RE:RE:Flies In The Ointment

Move on...clearly this is too high risk for you.

They don't need a feasibility study update...waste of time and money at this point as the build is well underway.

The shelf offering is entirely common and Artemis has hinted at going directly to phase 2 which would cost more but would produce more....you don't get a bigger mine for free.

The "bottom line" is that things change....so what? The price of the product they produce is up $400 to $500 from the 2021 feasibility study. base case of $1600...that's $150 million plus!

Will an extra $150 MILLION cover a little more interest?

DUH!

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