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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

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. The Company operates through two segments: care & maintenance operations and exploration operations.


TSX:NVO - Post by User

Bullboard Posts
Post by Perambulatoron Apr 15, 2019 6:54pm
246 Views
Post# 29630484

Suckers Believe Moriaty's Porky Pies!

Suckers Believe Moriaty's Porky Pies!Yes Bob Moriaty has been at it again.

https://www.321gold.com/editorials/moriarty/moriarty032919.html

"Putting out piss poor results is part and parcel of exploration. But it allows investors to reconsider if they really want to own the shares. If Miramont shareholders knew a month ago that the first three holes were barren they had the choice of selling their shares or buying more or just sitting.


Since it is their money, it should have been their decision. By hiding the results of the first three holes Bill Pincus cost investors both money and the right to determine what to do with their shares.

In simple terms, it was lying. I devoted an entire chapter in my latest book talking about dealing with liars. I have lost the most money investing in companies where management wouldn’t tell the truth. I had a major investment in Miramont and like 100% of other Miramont shareholders; I lost 66% of the value of my shares yesterday.

Lying to me is a really bad idea."

Tell the truth Bob! QH has been hiding Novos poor results for years. Not only were the Purdys Reward/Comet Well bulk samples never released because they were poor, but earlier Beatons Creek results were kept from shareholders for years.

Is this lying too?   Its not when you have flexible rules. Bob has made a lot of money promoting Novo to sucker buyers, all while QH has been witholding important, but y poor results and misrepresenting  the projects Novo currently has. Not a word of criticim from Bob though.

Seems its OK for QH to "lie" if you (Moriaty) make money out of it.

Obviously Bob sold Miramont because it was a bad play and wrote the drivel quoted to blame someone else as he lost money on this one.

Plenty of suckers about still read his drivel. Look at CEO forums where HeeHaw the donkey rider and Lemon amonst others still hang off his every word! Hilarious!

Bullboard Posts