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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 > Selling Novo
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Post by Daedalus1264 on Jun 04, 2021 2:17pm

Selling Novo

HI all

I created an account today even though I have followed this board for years with great interest. It is with no small degree of sadness that I finished selling all my shares in Novo today.  I do not sell any holding lightly and do not consider myself a "weak hand" by any means.  But I was trained to sell without hesitation when the story that brought you in becomes broken.  It is my reluctant conclusion that I am at that point now with Novo. 

Thank you all both the bulls and the bears for your comments. It has been very entertaining and enlightening.  Special shout out to Tx for his incredibly thoughtful contributions. (One of your old texts referenced the Mule character from Asimov's Foundation books.  Much respect Tx.)   

I would hope for those of you who intend to stay invested in Novo that you have great success with it in the future.  I just intend to look for something in the gold sector that in my opinion  has a better risk-reward profile in the next couple years.
Comment by Dormie18 on Jun 04, 2021 2:33pm
Come back long enough to tell us what you selected, Daedalus1264.
Comment by oldfx1 on Jun 04, 2021 2:48pm
This post has been removed in accordance with Community Policy
Comment by VillaneousVille on Jun 04, 2021 2:56pm
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Comment by ronreagan on Jun 04, 2021 3:04pm
Funny, Old Fox, YOU didn't mention buying in or selling at $7.00 either, because YOU don't make recommendation on the FRONT end, you only pretend like you advised people what to do on the BACK end after all the dust has settled. No credibility. Period.
Comment by ValuePro on Jun 04, 2021 3:10pm
Few people will believe that you have been following this story for years to create a Stockhouse account today only to say goodbye.  Senseless, but so long, it's been good to know 'ya.  Don't hurry back!
Comment by VillaneousVille on Jun 04, 2021 3:13pm
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Comment by TXRogers on Jun 04, 2021 4:54pm
Easy VP.   He referenced The Mule.  That goes back a bit. Tx
Comment by ValuePro on Jun 05, 2021 11:17am
"EasyVP." I did not doubt the lineage of his interest in Novo, only the veracity of his claimed intentions for only now joining the board to make a polite one-fingered salute on his way out.  ...just my opinion.  
Comment by TXRogers on Jun 04, 2021 4:12pm
You take care Daedalus And there is nothing permanent in this game.  You can always return as easily as you left if this story ever comes back into favor for you. Good hunting.  As always. Tx
Comment by roberto146 on Jun 04, 2021 5:24pm
Novo seems to have morphed into a play on NFG.
Comment by ronreagan on Jun 04, 2021 5:37pm
Roberto - every share of Novo owns .05639 shares of NFG (15 Million shares of NFG owned by Novo/268 Million Novo shares outstanding - .05639). So yes, the value of NFG should affect the value of Novo.
Comment by iamburt2 on Jun 04, 2021 6:46pm
It looks like QH has lost interest in Novo to look after all tne new interests and appointments. (Plus free shares and broadcast money)
Comment by VillaneousVille on Jun 04, 2021 6:48pm
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Comment by ValuePro on Jun 05, 2021 11:39am
"It looks like QH has lost interest in Novo to look after all the new interests and appointments." I think you are quite wrong.  Q has a solid vested interest in confirming the economic viability of conglomerate gold in the Pilbara craton.  His work on proving its origins has made him a celebrity as an explorationist, but proving it to be economic will make him a legend in his ...more  
Comment by iamburt2 on Jun 05, 2021 1:45pm
And if he don;t he will be a legend in his  own mind.
Comment by Harmoinica on Jun 05, 2021 3:10pm
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Comment by VillaneousVille on Jun 04, 2021 6:28pm
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Comment by likeike on Jun 05, 2021 8:29am
Nah ...QH created a son that has gotten a lot of glory before the old man could show it his. IKE
Comment by Harmoinica on Jun 05, 2021 9:57am
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