Australia's largest stock trading and investment forum Australia's #1 stock forum

ARV

Click for more information

10.7%

1.6¢ artemis resources limited

Thanks guys for the feedback

First 81 Last

Share
Profile

Follow
Gnomemobile

115 Posts.

11

07/05/18

10:50

Post #: 32924425
Share

Originally posted by eastwest101 ↑

I had a look at the web site for the Chrysos Photon Assay facility in Perth, you can see from the web site that its analyzing "pucks" of samples that must have had to be crushed/split and then pulverized and finely ground to a powder and then pressed into a round tablet. The instrument takes up an entire room in Perth and needs 3 phase power and considerable shielding due to the large amount of X rays emitted, so its not exactly portable.

If you are going to go to all that trouble of sample prep then you may as well do a more reliable cheaper traditional fire assay for gold anyway.

Its just a giant non-portable XRF anaylyzer with all the same sample prep limitations as current hand held XRF analyzers so it dosen't look game changing to me at all and would be useless in a coarse nuggety gold system such as the Pilbara conglomerates until you completely pulverize the sample to a powder.

Its not game changing technology, its interesting and worthwhile pursuing in the future, sure, but at the moment it isn't helpful for gold exploration.

Expand

Thanks guys for the feedback

ARV Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 81 Last

Add ARV (ASX) to my watchlist

(20min delay)
Last 1.6¢		Change 0.002(10.7%)		Mkt cap ! $27.34M

Open	High	Low	Value	Volume
1.4¢	1.6¢	1.4¢	$9.31K	619.2K

Buyers (Bids)

No.	Vol.	Price($)
1	50000	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	1948938	9

View Market Depth

No.	Vol.	Price($)
1	50000	0.015
7	5609519	0.014
10	1808025	0.013
11	3487805	0.012
4	1629242	0.011

Price($)	Vol.	No.
0.016	1948938	9
0.017	450000	3
0.018	692914	5
0.019	350000	2
0.020	360000	3

Last trade - 15.43pm 28/05/2024 (20 minute delay)


Last 1.5¢			Change 0.002 ( 0.00 %)
Open	High		Low	Volume
1.5¢	1.5¢		1.5¢	46109
Last updated 11.39am 28/05/2024 ?

ARV (ASX) Chart

SPONSORED BY