Funds are buying Novo
To all longs
Recently I discovered that Willem Middelkoop has been buying both Novo Resources and Artemis. For the ones who are not familiar with Willem and his Discovery fund: both are Dutch and the Discovery Fund has in the past years been extremely succesful.
Willem Middelkoop's Commodity Discovery Fund (CDF) has been buying prospective Junior Mining companies for years and the good thing is: his fund has always beaten the benchmark and has also always beaten other well reputed funds like e.g. Sprott Gold and Blackrock Gold. Click on the link below to find their track record:
https://www.cdfund.com/rendementsontwikkeling/
CDF is actively looking for take out candidates. Click on the link below to find find their track record:
https://www.cdfund.com/fund/overnames/
Today I was reading the Dutch edelmetalenboard (precious metals bulletin board) and was more than happy to read that the Commodity Discovery Fund had taken a "significant position" in both Novo and Artemis (significante posities in beide bedrijven)
https://www.cdfund.com/maandbericht/
I have known Willem for many years and his fund also invested "significant positions" in Probe Mines and Integra Gold in an early stage. The reward after both companies got taken out was very handsome.
This is not all..... I got even more excited to find out that another Dutch Fund called "Plethore Precious Metals Fund" (PPM) had -according to a disclaimer- also taken a position in Novo (Disclaimer: PPM heeft een longpositie in Novo Resources op het moment van publiceren)
This Fund has recently also been picking the right stocks. So when we are talking about circumstantial evidence I guess we have two great examples that corroborate with the ideas and finds in the soil so far. Click on the link below to find PPM's track record:
https://www.plethorapm.com/
So no guarantees in this department but according to me the above is definitely a great confidence booster.... so...
holding with confidence!
Honkytonkgirl