PM Stocks Performing Well But Still Ignored
The recent action in precious metals stocks has been encouraging especially since the underlying metals prices have been pulling back. The Junior Miner Junky, David Erfle joins me to discuss how the shares have been able to hold up in the midst of low volume. We also look ahead to tax loss selling that is right around the corner.
Click here to visit David’s website.
Click here to listen to my recent Novo interview.
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Artemis Resources Short Term Valuation ARV.AX ARTTF
HotCopper post by Thunder54 on short term valuation:
Short term I think ARV should be valued at 20% to 23% of Novo, we have 1.5km each of mapped ground being tested, they have 8km extension 100% we have 5.5km 50%, so we own 23% of the complete assumed and known strike.
The canadians will say Novo own blah and blah 5mill kilometers of land, I say probably do and when they go explore it and map it, then it will add to their cap once it’s confirmed, right we are valuing what is know, being explored for, ARV has good ground and might have a billion dollar cobalt deposit aswell, but no body gives a fly fark about it nor should they.
So 23% of novo, they are running at $8 right now 197million share fully diluted 1.5Billion dollars, so give us $300mill today and I say thats evenly price short term I hope as our register tightens we close the gap. Continued….
Please unsubcribe from David Erfle just another long winded tout looking for people to sign up.
GDXJ:
http://stockcharts.com/h-sc/ui?s=GDXJ&p=D&yr=1&mn=3&dy=0&id=p13858298801&a=543795332