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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 5,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia. Its key project area is the Egina Gold Camp, where De Grey Mining is farming-in to form a JV at the Becher Project and surrounding tenements through exploration. The Company is also advancing gold exploration at Nunyerry North. It focuses on undertaking early-stage exploration across its Pilbara tenement portfolio. It has also formed a lithium joint venture with SQM Australia Pty Ltd (SQM) in the Pilbara, which provides shareholder exposure to battery metals. Its Belltopper Gold Project comprises the adjacent Malmsbury and Queens projects.


TSX:NVO - Post by User

Bullboard Posts
Comment by Icarusonfireon Jul 03, 2018 5:07pm
137 Views
Post# 28264277

RE:RE:Recognizing the Symptoms of "Pooh-Jar Myopia"

RE:RE:Recognizing the Symptoms of "Pooh-Jar Myopia"
PanamaGold2018 wrote:

Of course a great post TXRogers... the reason I have been so intolerant of idiot posters like Rhino, is that I've run across his kind so many times on boards similar to Novo, where the stocks eventualy became hundred baggers. I'm not kidding... I would post endlessly at such places as the original K-1 Kitco about stocks that were destined for HUGE gains. I was too young in the 70s, but I studied the 21-year cycle into the 1980 top as a fractal pattern supported by the fundamentals to prepare for the mid 90s and then the secular bull market that began in 1999/2001 in Gold (that will continue higher into 2022). 

Long story short, I started accumulating shares in under-valued juniors back in the mid 90s (thanks to people like Bob Bishop) and then repeated that succes with my own due diligence in the summer of 2000. I sold almost everything I had to invest in more than 30 stocks that I believed would be multi-baggers (just like I believe Novo, Pacton, De Grey, Artemis, etc will be going forward). Buying such stocks at rock bottom prices secured lottery tickets with no expiration date... just like the stocks I purchased more recently in January 2016. 

Back then in the mid 90s... companies such as Cartaway @ 10¢ soared to 26.14 (yes... a 260-bagger). There were the same type of know-it-all idiots like Rhino that constantly disparaged the stock... idiots like him that couldn't reason their way out of a wet paper bag.

Or later in Nov 2000... Golden Star @ 28¢ that climbed to $27.50 (a 100-bagger). Or Pacific Amber @21¢ that climbed to $9.40 (a 47-bagger)... Conquistador @ 40¢ that went to $9.87 (a 25-bagger)... Corriente @ 90¢ that went to $19.50 (22-bagger)... Arequipa @ 60¢ that soared to $34.75 (58-bagger)... Bema Gold @20¢ that went to $12.75 (a 64 bagger)... Arizona Star @ .28¢ that eventually went to $15.95 (57-bagger)... Francisco Gold @ 80¢ that climbed to $34.50 (a 43-bagger)... Mansfield Minerals @ 40¢ that climbed to $10.50 (26-bagger)... Oliver Gold @ 30¢ that climbed to $6.80 (23-bagger)... Pacific Amber @ 20¢ that climbed to $9.40 (47-bagger)... on and on. 

These stocks were all in my portfolio at those times. This time will be/has been so far since Jan 2016 no different... Watch such Pilbara plays as Novo, Pacton, De Grey, Artemis, etc. soar to 10 plus baggers, or even to hundred baggers as has happened many times before - nothing new under the sun. Keep up the good work TXRogers!




OMG!!! WE HAVE A SUN GOD IN OUR MIDST, BY THE NAME OF PANAMAGOLD!!!!

Either that, or we have a bald faced liar!  IF you owned all those stocks like you say, you would OWN THE ENTIRE STOCK MARKET BY NOW...the first trillionaire...easy !!!  NOT.

How delusional can someone be?    This board is really turning into a barrel of monkeys.

I still think Rhino's logic makes more sense than ANY pumper out there.  It MAY have potential, but THIS COMPANY JUST HAS NOT DELIVERED THE GOODS over the last 12 months.  It's all a hope and a dream now with VERY LITTLE ACTIONABLE information coming from the field, and hundreds of unanswered questions .  The story is wearing thin.  Don't agree?  JUST LOOK AT THE STOCK PRICE!!!  The market agrees with my sentiment.  It has been an elevator down since November (except for the brief periods when GDXJ bought and when Sprott bought...the same Sprott who was relieved of his duties runnning a mutual fund that tanked under his leadership!)

Icarus

What ever happened to that precipitation theory????????

Icarus
Bullboard Posts