ARV 0.00% 1.6¢ artemis resources limited

JKaiser - Discovery Watch - How's $4 sound, page-129

  1. 134 Posts.
    lightbulb Created with Sketch. 11
    Am linguistically limited so found a short summary courtesy of 'honkytonkgirl1' on the stockhouse Novo blog-site. Apologies if posted already.
    ***
    http://www.stockhouse.com/companies/bullboard?symbol=v.nvo&postid=26906631

    Webinar Willem Middelkoop & Andor Lips
    Below a short summary of the webinar that was held last week. Lots of what was said has been thoroughly discussed at this board already so I will be be really brief and focus on some specifics only.

    Q: Will the discovery at Pilbara affect the POG?
    A: AL: No it won't. e.g.  50M per annum would result in production of 1M ounces per year times 50.
    (assuming that Novo will prioduce each year 1M ounces of gold) Output per year worldwide is 100M ounces so 1M won't affect the price at all)
    9.30 : Artemis geologist shows WM where he first discovered gold
    14.17 : Footage form the first live find with ais of a pneumatic drill
    19.13 WM en AL predict POG for 2020: $5000
    CDF (Commodity DIscovery Fund) at present owns 4% (23M. shares) of Artemis and 0,5% of Novo
    Q : Which of the two should one buy now?
    A: WM: Artemis if you're looking for a quick profit and Novo in you're in for the long haul as it is the owner of 10000 square km of highly prospective land.

    At a Dutch board I am following investors are still very sceptical about both Middelkoop and the Pilbara. Guess it's the very conservative nature of the posters overhtere....

    I have recently added to my position in MacArthur Minerals... started a small initial position a mont ago when the sp hovered around 10 cents. It's down to 8 cents now.... tenements in close vincinity of our JV lands and besides Pilbara gold it's also searching for and finding lithium....

    Two months before drill results will flood the markets..... but I am sure we will have share moving news before those results will kick in!

    Good luck to all longs,

    greetz,
    HTG

    Read more at http://www.stockhouse.com/companies/bullboard?symbol=v.nvo&postid=26906631#EraxqS6fiiZLRO4J.99
    ***
    DOYDD and GLTA
 
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