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Bullboard - Stock Discussion Forum Novo Resources Corp T.NVO

Alternate Symbol(s):  T.NVO.W.A | NSRPF

Metals & Mining Gold
Novo Resources Corp. is engaged in evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. The Company explores and develops its prospective land package covering approximately 7,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia... see more

TSX:NVO - Post Discussion

Novo Resources Corp > Are We Seeing Capitulation?
View:
Post by Mineshack on Sep 26, 2022 6:11pm

Are We Seeing Capitulation?

“Weak hands buy at tops and sell at bottoms. Strong hands buy at bottoms and sell at tops. It’s vital that investors remember that at every top there are 50 reasons to buy, and at every bottom there are 50 reasons to sell. That’s what makes them tops and bottoms.”

Bob Moriarty

Are We Seeing Capitulation?



.
Comment by Perambulator on Sep 26, 2022 7:52pm
If we were seeing capitulation then the most ardent supporters would be giving up. When you see HeeHaw and the Unwise one declaring its all over then thats the bottom. Given the inherent total and absolute incompetence of Hennigh in guiding his team, you can expect the SP to fall to more realistic level in future as they throw away cash....his recent visit has probably made things even worse.
Novo Resources Corp