The Main Drivers To The Metals – USD and Inflation
Craig Hemke and I chatted yesterday on the back of the USD pullback and slightly weaker than expected inflation numbers out of the US. These are two main drivers of the PM prices where the trends especially if we can project longer term can really take hold.
Click download link to listen on this device: Download Show
This $20 million deal willsignificantly boost Artemis’s cash reserves without diluting
shareholders. Our 50% interest in the exciting Novo/Artemis joint venture in the
Karratha area remains unchanged and we are well funded to continue paying our
share of JV expenses. Artemis believes that the decision by Kirkland Lake Gold to
increase its position in Novo is further evidence of the strength in the conglomerate and paleo placer gold story.”
Read more at http://www.stockhouse.com/companies/bullboard#YZQsEsc3IiXluvpf.99
Thanks for the up date….spacenormal……..
On May 10, 2018 at 8:29 pm,
Markedtofuture says:
Artemis explains why it wants more cash: ‘You can’t build companies with bottle tops’
Artemis Resources is selling its shareholding in Novo Resources to mid-tier Canadian gold producer Kirkland Lake Gold for $20.7 million.
Artemis (ASX:ARV) and Novo are partners in the Purdy’s Reward conglomerate gold project south of Karratha in Western Australia’s Pilbara region.
The company flagged the impending sale when it went into a trading halt earlier this week.
Reply to this comment
On May 11, 2018 at 5:45 am,
OOTB Jerry says:
What does this tell you about Novo?
Reply to this comment
On May 11, 2018 at 5:46 am,
OOTB Jerry says:
What does this tell you about Artemis management?
Reply to this comment
welcome
Do not like the fact that GDX was rejected by the upper Bollinger band on the daily chart. Whatever I guess. Another day, another failed opportunity.
DeGrey mining presentation at Sydney Resources Round-up May 2018.
From the words of Simon Lill, ” there is not another company in the world that has a structural zone 200 klm long.” It is actually longer.
Outside day down in AXU. gotta love it.
This is another Pilbara play that Eric Sprott bought more of recently. Pacton Gold
Here is a shot of their tenaments. Its surrounded by Novo. Degrey is above it to the north and look there. Kairos close by to the east.and to the south……interesting
pacton gold is up 79.31 % I believe this month.
This is a post from TXRodgers @ stockhouse about yesterdays sale of 4 millions shares of novo from arttf artemis resources to kirkland lake. Is kirkland a believer?
http://www.stockhouse.com/companies/bullboard?symbol=v.nvo&postid=28016335