Novo Resources Corp T.NVO

RE:RE:RE:RE:RE:RE:RE:RE:Brent Cook's Evaluation of Novo

[Wallstreet1112]

BlackHawk7 wrote: Brent Cook may not be a game player in the sense that he is on the inside circle with QH and ES. However Brent Cook has provided advice and analysis as an independent consultant for over 30 years to such companies as:

• Newmont Mining
• Kennecott Mining
• Rio Tinto Mining
• Barrick Gold
• Yamana
• Freeport McMoran

I think that places him in a different category than someone who just reports on the game.

As a stockholder I have to ask myself what happens if the grade and consistency just isn't there, ES and his Special Ops can position themselves all they want but if a huge formation like this proves ultimately not to be that economic then all of that strategic planning is for not. Just a thought, not saying it will happen but I think you have to look at all the options.

"As a stockholder I have to ask myself what happens if the grade and consistency just isn't there"

Fair quesiton, but do you think Kirkland/ES is still "gambling" on this?... 8 months after the $56 M "bet", they sink another $20 M in. I can only imagine how much has been proved up over 8 months with an expanded team and QH, John and Kas as exploration managers/theorycrafters (with "unlimited" funds).

What % of a "new Wits" is reflected in the MC today, honestly? 1 Comet Well can be a company maker, and what are the odds that there is only one fat golden foot print since the Novo presentation is riddled with prospect marks I wonder. 

This is very far from a conventional gold system by the looks of it, but I get the sense that many people look at the Mc (and thus R/R) through "conventional" glasses.

Each to his/her own. /HH