Post by
arh0070 on Dec 10, 2017 8:06pm
Paper blizzard
Regular Monday morning announcement from artemis .Two announcements ,closing of an agreement to acquire more ground/tenements around the plant and financing to bring the plant on stream /Total paper shares 25 million plus 8 million plus 22million plus 5.5 million options for a grand total of 60.5milllion shares/options to be issued and convertible on top of all the rest .As predicted previously were well on our way to a billion shares ,shares up about 5% on Aussie exchange .
There is obviously a significant investment oppurtunity here ,in the company that manufactures the paper that makes all these share certificates .Every week more share are minted .
One of the great things about bitcoin that I think has contributed to its rise is the fact that supply is limited and as time goes along supply becomes even more limited .Artemis does the opposite ,indeed I have never seen a company (I am sure there are some out there ) that manufactures so many shares so quickly ,wonder how long it will take for a reverse 10:1 split .meantime the price of gold falls ,hopefully this will end soon as there is end of year tax selling and the banks are manipulating the POG ,it is unfortunately for us gold bugs not good news ,artemis has to some degree managed to swim against the tide on the hopes that they have a massive gold discovery which remains to be determined .Risky business here with all this incredible dilution .