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Bullboard - Stock Discussion Forum Artemis Gold Inc V.ARTG

Alternate Symbol(s):  ARGTF

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... see more

TSXV:ARTG - Post Discussion

Artemis Gold Inc > The case for v.ARTG is simple...the engineering firm wasn't
View:
Post by therookie87 on Dec 24, 2024 7:01pm

The case for v.ARTG is simple...the engineering firm wasn't

getting the job done and were meeting ARTG's expectations; hence, Steve et al took charge and said 'enough is enough. Either get the job done right or we will find someone else', which they eventually did.
Keep in mind that ARTG gave them plenty of time and warnings before finally letting'em go!!
So, Telemonkey, think  twice before you post!!!~
Comment by TELEMARKER on Dec 25, 2024 12:17am
it will get resolved in court or in arbitration. No point in getting worked up about it. The fact that it came to this is a negative on ARTG shining star.
Comment by jedd11 on Dec 25, 2024 1:40am
Telemarker. Agreed. Likely arbitration or the two parties may even reach a monetary settlement in short order to avoid a lot of legal costs. Negative implications for Artemis certainly but not insurmountable. The Sedgman claim of $88.9 million is not a huge amount when compared to the eventual production cash flows and earnings. I expect they will agree on a lesser settlement amount before too ...more  
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