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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 Reality888on Dec 21, 2022 12:34pm
197 Views
Post# 35184924

RE:RE:and the FACTS are .26 cents

RE:RE:and the FACTS are .26 cents
goldanalyst wrote: Mr. Market is often wrong especially when sentiment is this bad in a sector.

The herd is just that. It overreacts in both directions. When volume and sentiment is this low

intrinsic valuations go out the window.   Gold for example, is only  down 2% in 2022. One of the

best performing asset classes and yet many gold/silver miners are down  50% or more. Maybe 

you believe that the market is correct? Frankly, I don't. It's an overreaction to the downside. Expect

an overreaction to the upside at some point. The herd just does what the herd does.

The trend is even more exaggerated in exploration companies. I see mispriced stocks everywhere 

in this space. NVO is just one of many IMO



 
Sentiment is bad in the Gold mining sector, really????

This was 12 years ago and yet REALITY Gold can't even tag $2500 with ALL the insanity these past 3 years....EXPERT CHARLATANS I'm sure ALL the SHEEPLE are aware of :

https://fisherpreciousmetals.com/83-analysts-believe-gold-will-go-parabolic-to-between-2500-and-15000/

The Herd over reacts LOL...YOu actually think ANY shareholder can alter the Trend LOL...if that was the case NVO would be trading at where the BS Pumpers suggested it would at $8 and at the $3+ level off the First Gold pour being $20 +++ right HHorseASS...TXRogers...Moronarty...NOPE REALITY is sub .30 CENTS !!!

YOU sound exactly like every other Long&Wrong watching the REALITY of NVO falling from $8 to PENNIES !!!

REALITY is the CLOSING Price eveyday NOT what You or ANYONE else thinks NVO should be worth


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