chunky pieces of gold, page-12

was expecing update on Nikol river drilling by now - same with the remaining results of the cobalt drill holes - maybe next week.

My simple estimate of ore processing from nikol river are these
150t/hr working 15hrs a day, 30 days a month, yielding 0.15g/t of Au selling at $40/gm. Artemis keeps 90% of it. lets say 40% of the cost of gold are costs.

by these lowly calculation I have artemis receiving net cash in of >$200k. Add this to the $100k per month on the copper deposits - we have around $4mil profit coming in p.a for the company.

Artemis looks very cheap for a company getting solid profit in already and sitting on big deposits and a processing plant.

Huge sell side looks scary on a glance but I think there are some smoke and mirrors happening here. I think we are closer to a bottom.