Novo Resources Corp T.NVO

Seems significant, but not in relative context

[TXRogers]

Get used to these larger and more dramatic swings in the Price of Gold, Silver, and Platinum.

But is today's market action really that dramatic?

Not in my opinion.  And most definitely not when viewed on a YTD chart of these PMs.  The higher these metals go, the more you need to put the price swings into context within the greater trend.  

As for Novo:  The stock price continues to remain above it's latest PP offering.  And investor demand for the PP has resulted in a second revision to the original offering.  Not bad. And bullish.

But the real opportunity that has materialized pertains to Silver,  and the respective miners / explorers.  A great entry point has once again presented itself to investors.  It would be a shame not to take advantage of it.

Other than that, nothing to really fret about in my opinion.  We're all still heading to the same place.  Like it or not.

Tx

[stocksluice]

It was a good day for shopping as silver converged on $25. Quite a few silver miners down >10%. Tomorrow might be even better (or not). I suppose silver could test ~$21.50. Dips haven't been lasting too long these past few weeks, and corrections might prove to be just as fleeting.

[TXRogers]

Can't disagree there.   This is a good week to play Lone Ranger. Tx  

[likeike]

How do you play Lone Ranger TX? Shoot silver bullets.......are there werewolfs out there? I actually do have a silver bullet but my silver Mexican peso and Superman silver dollar  I cherish more. Do I need a superhero?          Geez now I have to dig out my old mask and round up Tonto IKE

[TXRogers]

  My Dear Ike, do you not recall the name of his trusted steed? Or have things changed so significantly with the passing of time?  Tx

[silentdude]

Hope we aren't rounding up Indians now , Hi-ho...

[TXRogers]

All Indians welcome.   They are even bigger believers than the Pale Faces.  They've all been around The Conundrum before, and have seen the $hit go down . Tx  

[firewitch]

Hi-ho or Hi-yo? I don’t suppose it really matters . They both have a silver lining . All things change but truth ,and that truth alone lives on forever .”Come on Silver ,lets go big fellow !...”   Get ready , The Lone Ranger,is in for the biggest ride of his life . And as for those ruby shoes...... they didn’t fool me . BTW, ’All things’ ARE connected . FW

[stocksluice]

pratityasamutpada, away!

[firewitch]

And so ,the Sh#thouse Novo playpen has finally enticed you .A seasoned witch could call you and finally bring you out from the depths of your disgrace over at Ceo . Appears that the music channel of SH has brought you out of your dark world . Hermann Hesse and Siddhartha  comes back to the same point and HH imay be the connection But your musical taste is flawed .  FW

[TXRogers]

Seems to weathering "initiation" just fine.  Responses seem lucid , laced with sarcasm, and semi-anitsocial. To the $hithouse standards. Tx

[FishFace52]

Disgrace at ceo seems like a misnomer to me fw. That would be like getting thrown out of a polish dance hall when everyone had kielbasa for supper.  F

[stocksluice]

Disgrace, @firewitch? LOL, some norteriety, perhaps. The ceo channel has been fairly one dimensional, not much of a space for interesting dialogue, but still a good source for information, amidst all the wild-eyed pie-in-the-sky extrapolations made on sparse data. Lots of sand reckoners over there. Thought I'd check this out for a while, and see how it goes. Critical thinking allowed? Even if

[likeike]

Tx  you got me ....$117.00 (around) down on gold is that the biggest swing every? Down a little over 5% ....remember much bigger percentage term swings. Silver  was the most fund to watch when the Hunt brothers were nearing the end of their tenure. Will always remember Bunker's words as he handed over a cheque to commodity  board for his fines for cornering silver market

[TXRogers]

You know the gig, Ike.   As storms get larger, so do the waves.   Can't have one without the other.  So keep the bow pointed in the right direction. Tx