Post by
reeJoey on Dec 26, 2017 11:13am
Kaiser Dec 22 Interview
There usually is little of value on the Stockhouse boards. If you have actual money invested in this company, you might want to check out the free Australian HotCopper site. Posters there are informed and current on developments and it is really active. Here is a post from there I saw a day ago that I've copied and put here and on the ARTTF board.
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Skipper: Thanks for the link. But I don't read "OUCH" at all. Kaiser, at the end of the interview, states that there is just as much potential now as ever for a huge gold potential that might be Wit2.0 in magnitude.
He points out that Novo samples probably are too small and too limited geographically to form meaningful conclusions--this is going to take longer. This third Novo attempt at a commentary/announcement again dragged other Pilbara plays down and was equally confusing, but this time the NR primarily affected Novo--"Novo has pulled the rug out from under itself". Kaiser clearly differentiates Artemis from Novo saying ARV needs to move on to its own ground and pursue its own program on its own promising areas more delinked from Novo and working with others. That move and both the Radio Hill plant and the associated gold recovery circuit will be real pluses and it even has those hundreds of tons of Co/Ni ore to process.
Kaiser said he thinks this pause is the time that might allow AUSTRALIAN juniors to take the helm in the Pilbara. He also likes the potential of DeGrey and others 120-130 km to the east of Purdy's, which he thinks helps reinforce the Wit2.0 theory and deserves more attention, which he now thinks will happen.
Some my own interpretation--Because ARV owns Novo shares, it does lose some money, but more completely delinking from Novo seems more important. Leave behind all these incompetent QH utterances that take $millions from ARV shareholders every time. Let them flounder around more on their own. Sure, Artemis should get/learn what it can from Novo, but get out of the same bed. For sp value parity, I am betting Novo shares are headed back to $1.00--probably will take only another one to two QH announcements to accomplish that! I can understand DL's excitement about the company and seems to me that excitement grows as it weens itself from Novo--getting better at marching to the beat of its own drummer. I am thinking that after listening to the Kaiser interview, people will realize that this third sympathetic fall in ARV owing largely to incompetence of Novo especially was unfounded and will start picking up these discounted shares.