RE:RE:RE:RE:RE:RE:Kaiser New Pump NOVO- His past picks Blowed Up Real GoodNOVO is now the classic NEW CANADIAN PUMP. The chairman of this company has a good reputation and is consdiered an excellent geologist. With that being said, his model was well explained to Jay Talyor sometime ago. However a deep hole tested this theory in late 2014 and it came out to be nothing. (~0.5 g/t Au over 1.5 m). An expensive gamble even with the grant they received.
What I like about NOVO is the good science behind this deal. To compare this to the Wits Basin is premature. The catchy phases like " similar age and conglomerate" are eaten up by the Kaiser's and Taylor's. They are not field geologists nor they should be talking like they know something. I bet Brent Cook is looking at this. if he doesn't recommend NOVO soon, it is either that the geological model is wrong or the price it to high.
Let's see. Right now the stock is overvalued. But! I heard in early 1990's there was no diamonds in Canada.