Novo Resources Corp T.NVO

RE:RE:RE:RE:RE:RE:RE:Hedgeless Horseman's latest. Too good to be free

[Wallstreet1112]

TXRogers wrote:

Wallstreet1112 wrote:

oldgoldz wrote: Omega101,
First off, thanks much for your comparasions--good to konw, although I really only have time for what I already access, namely  Stockhouse and 321Gold.  Your opinion counts with me, so thanks!

Second, on HH, I value a fellow who can get into a subject and provide a good summary.  The critique that he (and Bob Moriarty) have no geo chops is aside the point.

In my career (retired) I audited quality assurance performance of multi-hundred million dollar contarctors, and of course, I only "summarized" my findings; I did not  do one twig of their work.

On the other hand, I have project management in a few sentences actionable information, and indeed sometimes pretty severe actions were taken, tho usually the " actions" had been baked into the cake by a well-written contract by my company's contracts department.
He
re, we have no nifty contracts department, but must make up our own minds.  As the late, great philosopher pasquerading as a humorist, Wil Rogers used to say, " Every man needs occasionally to be reinded of what he already knows."  HH does an admirable job of this, and Bob Moriarty goes well beyond this to
show us
things we did NOT previously know about lots of interesting  potentials.  Are we dummies?  I think not, andI believe that most of us can see that one does NOT need a double-blind test to verify that parachutes are helpful when jumping out of possibly perfectly good airplanes.


By the way, analysit Bob Cote observes  (In a subscription newsleter, so I am not at liberty to copy and paste), "Novo Resources is pushing into resistance. Its MACD indicator is rising nicely and relativem strength is above 50."Bob's target for our little baby Novo is $4.75, FYI.

Wee ahall See.


oldgoldz
(If you recall
 the
old cigarette ads on the radio, I am "outstanding, and I am MILD [pronounciated MY-yullld"]


HAR!


 

I appreciate the kind words oldgodz.

I am for sure not a geologist, although since Novo is almost an obsession nowadays I am forced to pick up some basic stuff along the way :).

 I'm fully on board with the "Every man needs occasionally to be reminded of what he already knows."...

 I haven't been involved with a story as fascinating and big (in every sense) than Novo (Pilbara). It's like a giant puzzle with constantly new pieces being introduced. Now and then people ask for someone to recap the case for the Pilbara gold rush and it's simply very hard to do without writing an essay. 

Every time I re-listen or re-read an NR/article/interview I pick up more pieces that I apparently missed on the go. Much of what I write might not be anything new really, but I get the sense that a lot of people appreciate having key take aways put down in black and white, and perhaps even some of my very personal conclusions/thoughts/speculation.

Cheers!

/Horseman





 

Hi HH. Personally, I am not expecting NVO to unravel a single puzzle so much. The Pilbara is more likely to represent a crock pot of various gold deposits, with various grades, and various types (alluvial, fluvial, Precipitated, and vein) - all mixed, churned, and recycled over hundreds of millions of years starting with the original high grade deposits circa 3 billion years ago. It's going to represent a complex mosaic capturing various gold deposits formed at different epochs in time. Sort of a number of puzzles all melted together as one, and then all frozen in rock. So I am not expecting a clear comprehensive picture or puzzle to reveal itself for decades. But I am expecting a fantastically rich gold district to come online. Possible one of the greatest and likely the most complex. Tx

There will probalby be different puzzles that vary in significance. I do think Pilbara will be more complex than the Wits.

/HH