Australian (ASX) Stock Market Forum

ARV - Artemis Resources

Yes I hold at the moment - bought in at 27c so happy to hold for now. Saw this as a medium to long term so oppies are welcome for me.

Great to have you onboard, it's a great compnay with lots of value.... I think the next 12 months will be very interesting
 
Hi motion,

You must be pretty pleased with today's performance, largely due to the announcement in relation to the generous option issue (1 for 1 at 1c).
Well done.
DYOR
 
Hi motion,

You must be pretty pleased with today's performance, largely due to the announcement in relation to the generous option issue (1 for 1 at 1c).
Well done.
DYOR

Hey greggy,

Yes very pleased not only have they managed to get the share price backup to a nice range, but also bought some more attention to the company... The 1:1 at 1c is great news... I really think management have done a great job here...

The only sad thing is I was away and could not put my tipping in... oh well next month...
 
I still have not received the option application form. The close date is 2nd Oct.
I am a little bit worried about it.
Has anyone received the option application form?
 
I still have not received the option application form. The close date is 2nd Oct.
I am a little bit worried about it.
Has anyone received the option application form?

Hi ta2693,

hmmm very strange Yes I got mine about 3 week ago. You can also get a copy from the web. Just got to the ann on asx or the company website.

good luck
 
Artemis commences exploration work at Niger Uranium JV

Hi Guys,

Great news out. I'm very excited about the projects arv have now and coming soon. With drilling about to start next door to "molly mines" and work in Niger starting next year is really going to see this company take off.

With nice grades in the area and also close to where Rio Tinto is exploring & CNNC about to go into production in late 2009. I think arv really have hit the money with this one. :D

From Ann:

"Specialist resources house Artemis Resources Limited (“Artemis”) has finalised the formal Joint Venture Agreement (JVA) with Trendfield Holdings Limited (“Trendfield”) for the acquisition of an initial 49 per cent stake in two highly prospective uranium projects in the West African nation of Niger and the ability to acquire up to 51% in the joint venture (see attached map) and has commenced exploration work at the project."

Considerable modern data is available to the joint venture as a result of an airborne survey and geological work conducted by Trendfield in 2007. The JV tenements are ideally situated in one of the world’s richest uranium
producing provinces and adjacent to and located on the same geological fault as China National Nuclear Corporation’s (CNNC) Tegguida Uranium Project (see Figure 1).

The Tegguida deposit has a resource of 15,000 tonnes U3O8 at an average grade of 0.2% (4.48 lbs/tonne) and is currently being developed by CNNC and is expected to be in production by late 2009. To the east of the JV area Rio
Tinto is exploring for uranium.
 
Hey Guys,

looks like arv is just about to pay off..with some nice results on copper at Spinifex Ridge....

Copper results of up to 26%

Highlights:

• Rock chip sampling returned maximum values of 26.63% copper, 7.11ppm gold, 478ppm silver and 10.7ppm
molybdenum.
 
:Dhey guys,

Just talking to myself again :D.. have arv hit something big ? With results out yesterday and now a trading halt today could something have been hit right next to molly mines ? hmmm I'm interested to know anyone thoughts...

well time to research some more... maybe even re read the ann and see if there are any clues...
 
:Dhey guys,

Just talking to myself again :D.. have arv hit something big ? With results out yesterday and now a trading halt today could something have been hit right next to molly mines ? hmmm I'm interested to know anyone thoughts...

well time to research some more... maybe even re read the ann and see if there are any clues...

Hi Motion,

I'm following this stock since September this year,
Looks good, they have interest in CTS and AON also Molybdenum,Gold.Copper projects in WA. I think good announcement coming soon one of this.
It's in my watch list.

Good luck
 
Well ARV just gets better and better...

Not only have are they in the process of selling Apollo Minerals. But there is a possibility of Iron Ore extensions flowing over from Molly Mines “MOL” into ARV’s land.

You also have to take in to account the Niger Uranium project as well as a nice sum in the bank.

I think things are looking great for ARV.
 
I got a letter from ARV and with it a copy of Resource Stocks magazine as they have a nice 2 page story in it for the U project which could go into mining anytime soon if the results are as good as we want them to be.

I still think arv has a lot to offer..
 
Guys it's been a while since I have been here so hi.. but some good news..

THE DIRT: Robin Bromby | July 20, 2009

Artemis Resources (ARV) closed on Friday at 4.5c. This is a two-year-old company that has gathered some interesting projects. Last week, it bought into the Mundong West uranium projects in the Ashburton region of Western Australia. A sampling project in the early 1970s - before the uranium price collapsed and ended the big uranium hunt in Australia at that time - returned high values of up to 3.9 per cent U3O8. Artemis also has a 49 per cent stake in a uranium project in the Saharan nation of Niger. This project is located close to the Teguidda uranium mine being developed by the Chinese, where there is a resource of 15,000 tonnes of U3O8.

This morning, ARV reported progress at its gold project, also located in the Ashburton region. Mt Clement already has an indicated resource of a 40,600oz of contained gold, along with an inferred resource figure that includes lead, antimony and silver, as well as gold. Now Artemis says it has identified three new anomalies immediately adjacent to the existing resource and which lie between 60m and 90m below surface.

http://www.theaustralian.news.com.au/business/story/0,28124,25807461-15023,00.html
 
Seems the Australian has put some focus on this baby and with a good market update I think we will hear some more news soon...
 
Hey guys

Seems ARV holders/posters have gone quiet, I've done a little research today and it looks like things may be starting to align but if possible it would be nice to have an update from a longer term holder.
 
With all the news coming out of ARV lately, the big Volume turn around and REE project.. this might start to move !!

time to pull this one out of the draw !!
 
:)

Hi folks,

ARV ... has had some good support recently, volumes up and
price ticking up steadily, now ..... looking at our astroanalysis,
we will be alert for a serious pullback, in the last week of
November 2010 ... from 25112010-03122010, just ahead of
another positive aspect, due around 06-07122010 ... :)

have a great day

paul

:)

=====
 
Did somebody say Rare Earths?

All Rare Earth stocks are going off the charts but this little number doesnt seem to be noticed.

http://www.artemisresources.com.au/IRM/content/projects_yangibana.html

-80 drill holes used to define a historical resource of rare earth oxides.

-Ferrocarbonatite dykes host significant rare earth oxide grading 1.70% REO averaged from 3,500m of drilling.
A high Neodymium component (+26% of total REO).

-Light REO Lanthanum, Cerium, Praseodimium, Neodymium, Samarium

-Heavy REO Europium and Gadolinium

-Seven (7) kilometers of strike remains largely untested but highly prospective

-Eleven (11) prospects identified so far at surface
26% of TREO is Neodymium (Nd)
 
Hello everyone following this thread.
Just for a heads up, ARV has had a share issue to raise capital at 5.5c.
You might keep your head out of the way in case any of this stock comes back onto the market.

Australian Resources Company, Artemis Resources
Limited (ASX:ARV) is pleased to advise that it has
completed its capital raising of A$5.4m (before costs)
with the second part of this raising, a 1 for 6 underwritten
renounceable rights issue, closing on 28 October 2010
with very strong support from shareholders.
The capital raising comprised two parts:
- a placement of 54,545,454 shares at A$0.055 (plus a
free 1 for 4 attaching listed option (ARVOB exercise
price $0.05)) to professional and sophisticated investors
raising A$3m, completed on 23 September 2010, and
- a 1 for 6 fully underwritten renounceable rights issue of
46,195,693 shares (plus a free 1 for 4 attaching option
(ARVOB exercise price A$0.05)) to shareholders raising
A$2.4m.
announced 2nd Nov. ASX release.

also announced today;
ASX Announcement 3rd November 2010 Rare Earth Results from Yangibana Confirm Strike Potential
• Highly anomalous levels of Cerium (3883ppm), Lanthanum (1727ppm), Neodymium (1585ppm) and Praseodymium (490ppm)
• Auger sampling provides evidence for rare earths continuing along a 7km strike
• Database establishment incorporating 80 historical RC drill holes is well advanced towards modelling

So read these releases before getting too excited.
One might be good, the other could be painful for a time.

Is there a chance that perhaps this sequence of events was planned to support the release of the shares onto the market and prevent a bad reaction?
 
... and they're back at 5.5 today.
I didn't hold them all the way, but took profit before buying back over the past couple of weeks. They look set to break resistance today - maybe somebody "smelled" the quarterlies? Can't be too long now.

ARV n 21-04-11.gif
 
Despite positive anns made, this stock keep sliding down :confused:
I'm sometimes amazed how the stock market works
 
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