Novo Resources Corp T.NVO

RE:RE:RE:RE:RE:From the smartest man at CEO.CA

[BmBillyBass]

TXRogers wrote:

BmBillyBass wrote:

TXRogers wrote:

Say, Billy Boy

Did you ever get this eerie feeling that the growing lump between your eyes could actually be an emerging horn?

That would be timely.  

Our previous horned wonder must have finally checked into an Assisted Living facilty for delusional pachyderms.

We still mourn his absence.  And his "predictive talents".

Tx

Not at all. Im neutral at the moment. Im in wait and see mode. Actually Im more and more disinterested.

Now Im reading that Sprott had a hand in influencing Sprott Inc to finance. Read between the lines talk. Had Sprott, Soumi, Kl, or Nem participated directly I would have thought ok, maybe theres something here. Sprott Inc particpating is meaningless as far as Im concerned as thats the business they are in. Finance at 9% or more, add a warrant, make it all convertible and bingo, some they will win and some they will lose. Did any of the major players influence them to do it, who cares, it wasnt their money, and in the end if it allowed nvo to proceed forward so its in their interests also since they all have a stake which dates back to when the story was different.

BB
 

That's one interpretation.  But not one that explains the full story in my opinion.

But let's just say it's easier to agree on this:  Novo really has exercised the best path forward with this MOY asset acquisition.  Additional years of exploration in the absence of reasonable scale production and revenue would no longer cut it.  Not as this secular gold market gets underway.

Due to the nature of these Pilbara coarse gold deposits, investors were all mostly in agreement that mining had to commence.  Novo management has been reiterating the same goal for a couple of years now.

The additional land acquisitions kept occurring unabated in the meantime,  as the milling and refining solution was pursued.

So, all these speculations of the what the major shareholders may be thinking are tangential in nature.  Novo has pursued and executed on what they have promised. The major investors are still on board and no one should be surprised.  We were all informed this was going to happen.

And now we must listen to the peanut gallery voices that started their tune with "There is no gold" , onto "Novo will never mine" , and now "Novo will never pour gold".

While investors (both major and retail) can only draw comfort by relying upon a management team that has executed on what they promised they would do.

Tx 

I agree with most of that. 

BB:)
zzz