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Bullboard - Stock Discussion Forum 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... see more

TSX:NVO - Post Discussion

Novo Resources Corp > Jumpin on Jennifer
View:
Post by EddieVanRip on Oct 07, 2020 3:57am

Jumpin on Jennifer

We have a skirt liftin reversal of the pog and market at this fine hour of the day. 

https://youtu.be/SwYN7mTi6HM

Eddie the Axe

Comment by Redflame on Oct 07, 2020 5:29am
Jeez, go away for a couple of weeks, come back, and find that the share price has dropped.  Who'd have thought that with the great news about the $140 million dollar deal for a mill that only needs another $35 million and six months to get it up and running?  Oh well, I guess if you consider the dilution the market cap is the around the same as it was. Going to expand the Beaton' ...more  
Comment by EddieVanRip on Oct 07, 2020 7:34am
Get your own ride bum. That has nothing to do with Jennifer.  Ed
Comment by firewitch on Oct 07, 2020 7:51am
Next time you go away for a couple of weeks can you do us all a favour and stay away for a couple of years instead of slouching back here and wasting everyones time with such useless drivel . Make your posts once in a blue moon if you have to,and better still on Halloween,so that they will be visible to the whole world . Now that would be a real treat . You’re more than three weeks early,but   ...more  
Comment by TXRogers on Oct 07, 2020 8:06am
On the subject of wasted time:  Why don't you try going away for a couple of years yourself?  Maybe then you'll pick up the skill of sounding a little more coherent. Were you not the one that babbled on about the mill not being adequately suited for Novo?  Or was it that MOY had sold their mill to the Chinese?  Or maybe even both. I believe you also deduced that I ...more  
Comment by Redflame on Oct 07, 2020 12:09pm
All the snail is doing is inadvertantly setting up a hostile takeout if the Beaton's Creek ore proves profitable.  I can see Kirkland Lake and IMC voting yes to a $4.50 to $5 buyout offer.  Lot of shareholders are worried they'll die of old age befoe there's a big rise in the stock price.  
Comment by mrbubba on Oct 07, 2020 1:45pm
Something tells me QH would not even think about taking $5.00 pe share - after all the work he has put into this and the approx. 1,000,000 oz we already have this stock is worth right at about 5.00 per share. $5.00 would therefore NOT be counting any potential for gold price appreciation over the next couple of years, not to mention the Egina potential and the rest of the 14,000 sq km. No dice ...more  
Comment by EddieVanRip on Oct 07, 2020 3:41pm
Have you anything of substance to back up a current valuation of $5.00 or can you confirm the economics leading to  a $35 future valuation? If not you belong over on ceo. WG will be disappointed to know that you have won my favorite arsekisser of the day award if not. Eddie
Comment by likeike on Oct 07, 2020 3:59pm
I do not think we are in anyway vunerable to a hostile bid. Lettuce stick to more productive discussions. IKE
Comment by TXRogers on Oct 07, 2020 6:09pm
Oh, now I see, RF. Novo neglecting its declared resource expansion, accompanied by a supposedly  "overpriced " acquisition of a mill, and a delay to go into production all leads you to conclude an imminent takeover will result?  From the major shareholder that may be worried of dying of old age. Billiant.  An example of true Covidiotic thinking.  When you eat ...more  
Comment by Redflame on Oct 07, 2020 10:13pm
Well Texas Ranger, at the start of the year Novo was trading at $3.78 with gold at $1,514.75.  Today, Novo is trading at $3.28 with gold at $1,884.50.   Novo has issued 38 pressers this year, almost 1 per week.  I'd say all you true believers are a cult that have drunk Hennigh's cool aid.  But that's your right to hold a stock that has dropped in value during one of ...more  
Comment by TXRogers on Oct 07, 2020 10:29pm
I appreciate the reminder of my rights.    I would urge you to judge the performance of a specific gold stock at the END of "one of the biggest gold bulls in history" , and not prior to that time. Just curious though:  Based on your dim assessments to date, how have you concluded this is one of the biggest gold bulls in history before it has even become history? There ...more  
Comment by Redflame on Oct 07, 2020 11:54pm
The high in 2017 was $8.63.  The covid low was $1.41.  A shorter's dream.  I've made more money on this stock then any of you will unless you sold around the high back in 2017.  Hennigh's two ounces per ton sucked in the market including Kirkland Lake and Sprott and a lot of Mom's and Pop's.  It was just bad luck.  Maybe Hennigh just picked a spot ...more  
Comment by Redflame on Oct 08, 2020 12:36am
Think about it.  Why did they even need a mill?  Purdy's Reward sorting results showed 300 to 700 grams per ton of concerntrate.  Egina shows all the gold recovered in less than 1% mass. Hennigh could have run that through any plant in Australia or even the gravity machine at Egina and made a fortune.  That's if the sorters actually work and the grade is what Hennigh ...more  
Comment by TXRogers on Oct 08, 2020 1:11am
Bye Bye RF.  You really are a tad dim. Tx
Comment by TXRogers on Oct 08, 2020 1:10am
Lol - What a muddled lecture.  Did anyone assist you with all that?  First you accuse me of being the Novo insider, and now it appears you know all about Novo's "powerful enemies".  In fact, the same powerful enemy that remains Novo's largest shareholder and involved in the company's business.  I suppose I will have to pass on the position of "close ...more  
Comment by gatewa on Oct 08, 2020 3:39pm
Yeah this Henning guy just keeps making the wrong moves ( or does he ) I thing Mr Henning knows what he has and all of the other big investors know also. little bit of profit made on this transsction $$$$$$$ now what were you saying. Read  The Company purchased the Blue Spec project in August 2015 for gross cash and equity consideration of approximately C$674,000. (“Novo” or the ...more  
Comment by 7Pence on Oct 08, 2020 4:24pm
Well, there wasnt much competition today gatewa so you get the arsekisser prize:) 7
Comment by oldfx1 on Oct 08, 2020 4:38pm
This post has been removed in accordance with Community Policy
Comment by ButterBalls on Oct 08, 2020 7:42pm
This place is wilder than a turkey shoot.  Who is Jennifer? BB
Comment by firewitch on Oct 09, 2020 6:20am
More to the point this Friday is, who the hell is BB ? Franz Kafka and Zhuangzi would indeed be impressed . “ I’m saying I’m an insect who dreamt he was a man and loved it ,but now that dream is over,an the insect is awake.” Fascinating moments to be sure on the Novo board . Those who have been attentive here will have seen a hornet and very recently a fly posting . Seth Brundle’s  ...more  
Comment by ButterBalls on Oct 09, 2020 6:36am
I have been relegated to the entertainment section fw. And I do try to put a bit of efffort into my posts. A touch of creativity and imagination unlike dement-o-tard who just repeats the same things over endlessly. How lazy is that. Today he is wrong because the pog line is going the wrong way. I say its because usd is down. And for good reason, a fly ate what was left of the vp's brain ...more  
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