RE:RE:RE:RE:RE:RE:RE:RE:Technicals?Passionatepiper, you have stated more than once on the Novo BB that the better play for Pilbara gold area is KL rather than Novo. I tend to agree but like to have some Novo as well, simply for the leverage should they hit big. I presume KL will do well regardless of outcomes from current NVO drilling.....still an unknown outcome for Novo. But for KL the Swan zone at Fosterville seems to have outstanding grades and still growing as they drill....early days there but we can see that ES is extremely excited about it.. On the other hand, I recently read that ES bought 50,000 shares of Novo on the open market. This from a guy who stated in his recent video that he knew a certain mine was a big winner when he heard their ceo had purchased in the open market (as opposed to a block purchase arrangement) so this suggests ES sees something special developing there buying in the open market at around $7.30 versus his big block purchase of Novo under a buck. Maybe its the amount of conglomerate in current core drilling?
So, just curious on your opinion. I will either buy an extra 1000 shares of KL this week or 2000 shares of Novo. KL is by far my biggest holding and best performer in my portfolio....so maybe that answers my own question LOL.