Pretium resourcesPretium resources today is a 2.5 billion $ company. 4 years ago, they were dead in the water, or it seemed. Share price plunged after... A highly respected team of geologists (strathcona, the team responsible for exposing the bre-x scam) declared that Pretium's entire resource was invalid. So why is Pretium now a 2.5 billion$ company? Because they really had alot of gold, but it was almost impossible to quantify the resource using conventional methods, thus the very negative assessment by Strathcona. So, I believe Novo has the same problems , lots of gold but very hard to quantify and measure it. In conclusion: Pretium finally figured it out and I think Novo will figure it all out as well..and will become a multi billion dollar company.. I can't believe that Kirkland lake would buy 56 million $ of these Novo shares just on a hunch...