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Bullboard - Stock Discussion Forum Artemis Resources Ord Shs ARTTF

Artemis Resources Limited is gold copper and lithium focused resources company. It holds three projects in Western Australia, including Carlow Castle gold-copper-cobalt project in the West Pilbara; Paterson Central project in the Paterson Province (located adjacent to Greatland Gold / Newcrest’s recent gold-copper discovery at Havieron, and Osborne joint venture in the West Pilbara. The Carlow... see more

OTCPK:ARTTF - Post Discussion

Artemis Resources Ord Shs > Printing press
View:
Post by arh0070 on Dec 01, 2017 9:33am

Printing press

Announcement overnight in Australia ,5 million shares and 6 million options to be issued .This will no doubt continue in ever increasing amounts to fund all the projects that Lenigas has commited too .Down 3% overnight .Aussie small caps are different from canadian small caps they seem to have access to a printing press with many of these companies having well over a billion shares ,when it reaches unsustainable levels they do a reverse split .Lenigas has done this repeatedly over his career .Used to be that way on small canadian exchanges but investors dont tolerate it anymore .Australia is still very much the Wild West and its important for potential investors to understand that .
Comment by Millsking on Dec 01, 2017 6:07pm
Your incorrect again
Comment by TheRaj on Dec 02, 2017 12:55am
Lenigas said it best a few weeks ago .... "we don't need to dilute to raise money ... we're sitting on top of our own bank with these gold deposits." And that's what these last two gold sampling examples were about and what they set out to prove to the ARV shareholders ... who needs to create for shares when all you need is a few good men and a metal detector and a hydrolic ...more  
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