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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 > No one selling?
View:
Post by saudialberta on Mar 12, 2021 11:07am

No one selling?

Low volume, price up 3%. Come on banksters and silver/gold manipulators - drop the price down to 2.50 so we can all load up on lots more!
Comment by ronreagan on Mar 12, 2021 11:11am
I went ahead and bought more, couldn't wait. I think rumors must be leaking that the PEA is coming out in a few days, maybe Tuesday. Maybe we get a nice "surprise"? Will be interesting, but either way I'm here for the "long haul", not trading in and out, and would actually like it if we have a nice 20% pull-back (but it ain't gonna happen, even in Old Fogie's ...more  
Comment by Lucky17eh on Mar 12, 2021 11:27am
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Comment by JRafflesUK on Mar 12, 2021 11:56am
It is difficult to know what this PEA will say, apart from projections based on production at near mill capacity and grade as per the NI 43-101.    The fact that the PEA is to be issued after production has already started, may give Novo license to give a financial output scenario based on the grade being achieved in real time.   As Novo’s variable operating costs are controlled by ...more  
Comment by Lucky17eh on Mar 12, 2021 12:19pm
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Comment by Lucky17eh on Mar 12, 2021 12:23pm
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Comment by WisGuy1 on Mar 12, 2021 12:28pm
17, The reason for the steady price rise today, is that they discovered that there's no gold in the Pibara. (sarcasm) I wouldn't worry too much about the grade (non sarcasm)
Comment by Lucky17eh on Mar 12, 2021 12:34pm
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Comment by Dormie18 on Mar 12, 2021 12:41pm
Quinton needs some analysts to look at the company and begin to model BC as the basis for opinions. You have to believe Rob is tuning that mill as to steady state production rate and raw feed grade so Quinton can describe it to the Street post haste.   The consistent size on the bid today seems to forecast we're close to hearing from him on this. Rob liked more than just the beer ...more  
Comment by Lucky17eh on Mar 12, 2021 12:53pm
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Comment by Dormie18 on Mar 12, 2021 1:38pm
Here is an input to the truth machine--share purchase from the man on the ground with the money to do it. https://money.tmx.com/en/quote/NVO/company
Comment by Lucky17eh on Mar 12, 2021 1:45pm
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Comment by Dormie18 on Mar 12, 2021 2:18pm
The date of his purchase is why it's meaningful to me--before the commencement of production and first pour. The insider window will open again after their quarterly results. The stock price is only today getting back to the C$3.25 IMC accepted as fair value in partial payment for the Millenium mill six months ago. Surely you believe this is a more valuable company in production today.
Comment by BillyBeeple on Mar 12, 2021 2:22pm
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Comment by bull_runz on Mar 12, 2021 2:42pm
Thanks for providing us with your 100 lot trades! lol
Comment by BillyBeeple on Mar 12, 2021 2:44pm
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Comment by bull_runz on Mar 12, 2021 2:50pm
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Comment by ValuePro on Mar 12, 2021 1:37pm
I think the price is up today because of the "What Became of the Crow" book review linked at 321Gold today. https://aheadoftheherd.com/book-review-what-became-of-the-crow/
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