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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

Comment by TXRogerson Jul 27, 2020 5:51pm
455 Views
Post# 31327183

RE:RE:Why Goes novo Down with a bullish goldprice?

RE:RE:Why Goes novo Down with a bullish goldprice?

rikkie wrote: Sorry for incorrect spelling
I am a New menber
can someone give me an objectieve view please?


An objective view on this story doesn't really exist on these forums.  That's what makes it this gig so fun.  

So, I wouldn't try and figure it all out seeking an objective opinion from others.  I think it's better to look inwards and examine the type of ride you prefer to take.  At least with this portion of your investment coin.

"Opportunity costs are invisible on your personal balance sheet, but they are a very real consideration when making investment decisions.

The opportunity cost is a difficult concept to pin down. Since there are literally thousands of choices you can make. There will always be something that you could have invested in that would have provided a higher return than the investment you picked.

The best course, then, is to focus on finding a play that fits your long-term goals rather than trying to minimize opportunity costs."

And making sure the opening scenes are thoroughly entertaining before the main plot gets going.

Tx
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