ARV 0.00% 1.4¢ artemis resources limited

Novo - Purdys Reward, page-63

  1. 4,002 Posts.
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    @Questioning It is difficult to know how to respond to your post.

    You make a point of 'reality' . The reality is that ARV, an exploration company with loads of potential, has no money to explore and prove up the resources it has in the ground. The reason it has run out of money is poor management pure and simple.

    The share price cannot magically increase, not even if we all post rosy opinions about ARV on HC to suck in unsuspecting investors. That is pretty naive.

    We've had some problems in the past and you believe they are in the past.
    Hmmmm ... the problems are not in the past and the only way to overcome them is to have a great management team and BoD. If we don't do better in that regard from now on, how can anything get better?

    We have more challenges now then when we had $27m in the bank because we don't have that anymore. It has been spent and I would say spent unwisely.

    ARV is owned by the shareholders. The BoD and management work for us - or at least they should be. It is only reasonable that we share our thoughts with the Executive team offering positive suggestions to grow ARV. That's why the SAG group was set up by Davisite. That's why we have been discussing issues with the CEO.

    SH are starting to pull together to try to recover from the very difficult position we are in. What would really help ARV and the shareholders is for you to get on board in a positive way instead of trying to shoot us down.

    Cheers, AJ
 
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