RE:RE:Artemis in the news! No one likes warrants or any dilution but that's how mines get built. The valuation of Artemis is considering the warrants. So on a fully diluted basis the stock and company remains dirt cheap. You don't find 400k ounce producers with an uncomplicated project with AISC at the lowest quartele every day. It's a prime takeover candidate too. It sits at the best part of the Lasonde Curve, is fully financed, is under construction and will spit off close to 400 Million $ in free cash flow for many years. For my money it's the best play there is. Followed by Skeena which is a year or two behind.
I want two things in this space....the lowest all in sustaining costs amongst the entire universe of projects....check this box....and management with a lot of skin in the game....check that box too
I further want easy to mine open pit, a clear pathway to production, a good gold environment, a reasonable share structure and the possibility of a take over.
To be a takeover target you need location, scale, grade, value, blue sky potential, easy permitting and a fair price. Artemis has it. Skeena has it. I80 may have it. Not many other names come to mind. Many have one or the other but Artemis has them all.