Where I stand with Novo (if anyone cares)I have bought all the way down. I've lowered my average but am still about $1.00 per share underwater. I was a heavy (for me) buyer last week. I don't believe the Novo story has significantly changed. Lots of "challenges" like QH says. It's taking longer than I thought, but QH is trying to build a mid tier gold company from scratch. I think he will succeed and I think gold will be coming out of the Pilbara for at least the next 50 years.
I will continue to add on significant pullbacks. IMO, we are at the very beginning of a gold bull market for the ages.
Is Novo a good buy at C$.92? I think so.
If Novo goes to zero, it won't be the end of me. I will still be fine financially. Ten years ago, I viewed Novo as a chance for generational wealth. I still do. I am a retired 73 year old man with a loving family. I ran a successful business for 35 years and am fine financially.
The hate from Bucc is unfortunate. I think he is an individual with obvious emotional problems and insecurities.