Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Novo Resources Corp T.NVO

Alternate Symbol(s):  T.NVO.W.A | 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

Post by WisGuy1on Feb 05, 2022 3:11pm
318 Views
Post# 34401289

Post on CEO private Novo channel

Post on CEO private Novo channel
Maybe this is related to the NVO main board ever so directly, or more indirectly???: https://www.zerohedge.com/markets/doj-crackdown-activist-short-sellers-has-expanded-target-more-30-firms
 
Organized bashing/misinformation/accusations/etc. could well be a business tactic, as it is for -seemingly- some of these 30 firms being investigated.
 
Some of this is valid and fair- such as uncovering things that are untoward in certain businesses out there. No problem! The problem comes, when a "short activist" firm runs out of good legitimate shorts and stories - do they make up additional ones, or attack companies which may or may not seem like a potential target after shorting the stock naked??? It is easy to believe that this is very tempting, for some participants. Find an angle, short the stock, and hire som bashers..... Who knows for sure?
 
I know that Eric Sprott has long suspected that such organized shorting activity is happening in some canadian juniors. He is even involved with an organization as I recall trying to change the rules to prevent it.

<< Previous
Bullboard Posts
Next >>