NOVO CRAZINESS. WILD DAY.LOVE the action on the Novo Board.
Passionatepiper back in full action. Love it. Passionate I actually you think you are right this time. I don't know why KL didn't flip over $ 8 their shares they had a few weeks they could have been liquidating...I always told people who asked...there was a reason why the shares were at 66 cents in July.
That stock was too overvalued...just unbelievable when it had a $ 1.2 B market cap. They don't even have a resource out. If KL ever bought such a risky project that is pretty much right now INTANGIBLE, then Sprott def. calls the shots there because it is far far too risky.
I am 90 % sure you'll see NVO hit $ 4 again which was the KL offering price. Then the big boys will come in to support the share price.
Sprott is a genius, but I don't get why he was buying shares even over $ 8!! Pure madness.
At least Klondex has a confirmed bottom although we too have a long way back up after the past 5 weeks' mess. Gold stocks DEAD in general though past few weeks - reminds me exactly of end 2015 and end 2016 deja vue. And then a great rally in the new year..
JIN