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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Metals & Mining Gold
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

Novo Resources Corp
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Comment by Silverwhereon Dec 25, 2018 5:44pm
218 Views
Post# 29156777

RE:RE:Attention Novo Board Of Directors

RE:RE:Attention Novo Board Of Directors Message regarding mining guru Allan - from Bob Moriarty:

@WisGuy1   -   BM on Allan: "Allan simply is screaming for attention. Mommy didn’t give it to him so he says whatever he needs to say on a chat board to get attention. He’s a failure in mining so he spends his days as a troll. Ignore him."

https://ceo.ca/nvo?404be0343350


Merry Christmas Pooh bear.



Silverwhere wrote:  
Novo Board Of Directors
 
Here are some of Allan Barry Laboucan (ABL)’s $NVO comments posted on CEO.ca https://ceo.ca/nvo from 22 Dec 2018, 10:56 to approx 6 hours ago; over the last two days approximately.
 
Wow, ABL sure had plenty to say about Novo over the last two days! Note the sheer volume of rapid fire posts, noting the timestamps. Most importantly, note the tone, the choice of words, and what his persistent message is regarding Novo Resources – our public company.
 
Decide for yourselves as well as for Novo shareholders if Allan Barry Laboucan is crossing the line. If so, swiftly proceed to remedy this situation?
 
Thank you.
Merry Christmas to all Novo staff!

 
Here are the sample Allan Barry Laboucan posts from https://ceo.ca/nvo :
 
 
@Allan Man you guys are dilusional cheerleaders. The company has shown they high-graded the samples over at CW and Purdy's. Plus, cheerpicked the results. Now the sorting shows low grades. If they high-graded the samples at Purdy's and CW, what do you think the chances are they did the same at Enigma.
 

 
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@Allan Have you promoted the high-graded samples at CW and Purdy's breathlessly? How about the potential for the same practice at Enigma.
 

 
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@Allan Keep telling yourself grade doesn't matter. By the way, that is pure stock promotion. Grade for sure matters when a company is high-grading samples and selectively reporting results.
 

 
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@Allan They even show what they are made of by highlighting the concentrate grade. That I'm sure some people acted on.
 

 
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@Allan My promotion lasted for a couple months, when the grades were showing the potential. Once the grade problems showed up, I've been a vocal bear. Since it was a lot higher. But that is neither here nor there concerning how the company is sampling and reporting things.
 

 
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@Allan So they high-graded the samples at CW and Purdy's and then selectively reported them. Have done it again with these low grade sorted results highlighting the concentrate grade. And likely high-graded the samples at Enigma. Yet, you think they are back on track. No, you're not a breathless cheerleader. Come on.
 

 
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@Allan A little FYI, from someone that has been in the business for many moons. Companies in the practice of high-grading samples and selectively reporting results are a gigantic red flag.
 

 
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@Allan All Enigma has done is allow to keep the balls in the air longer. And as a smokescreen to the grade problems over at CW and Purdy's. Which were glaring of the deception when they highlighted the concentrate grade. This is smelling more rotten every time they do more work.
 

 
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@Allan These actions are outrageous and more folks should be calling them out instead of cheerleading them.
 

 
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@Allan olr, the high-grading of the samples, and selective reporting is pretty clear to all but the cheerleaders.
 

 
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@Allan The Warren Buffett of junior stock promotion should be able to see it in the numbers.
 

 
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@Allan It isn't very complicated. I guess promoting a company that is selectively sampling and reporting is easier.
 

 
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@Allan Vigilant moderation doesn't mean only cheerleaders are allowed. If you want the facts of the high-grading the samples and selective reporting, just let me know.
 

 
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@Allan The dishonesty is there, they used metal detectors to focus sampling over by Purdy's and CW, and still got shatty grades. They only reported the best of the worse in news releases and jammed the bad ones in the back of technical reports. Then they ran with highlighting the sorted results, instead of showing how low grade the stuff is. This evidence suggests to me that they likely high-graded the sample at Enigma as well. Well, that and the fact that they didn't talk much about the sample taking protocol.
 

 
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@Allan If I got any of this wrong, please let me know.
 

 
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@Allan Sorry, doesn't work like that olr. This nonsense needs to be called out in the business because it has a way of getting all over everybody when the shiz hits the fan.
 

 
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@Allan Yeah, sue me for voicing my opinion. The discovery process will be interesting.
 

 
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@Allan only cheerleading does not a serious investment forum make.
 

 
 
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@Allan olr, that isn't true. Take the example of the highlighting the concentrate grade. They are allowed to do that. The problem for me is not also reporting the grade based on the sample size. One reports an extreme high-grade after sorting, the other shows a low grade that they obviously didn't want folks to see.
 

 
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@Allan So why would they highlight the concentrate grade and leave out the part about the sample size and grade? For clarity and being upfront, you would think they would put them out together.
 

 
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@Allan Almost like they wanted folks to focus on the concentrate grade doesn't it?
 

 
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@Allan translation: olr doesn't understand the stuff I mentioned.
 

 
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@Allan It is right there for you in the last news release. Concerning highlighting the concentrate grade, and leaving out the actual grade. What else do you need, just read the news release.
 

 
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@Allan Go look at the technical reports. The fact that you have to search around for all this makes my argument for me. It should be very easy to find all the results from all the sampling in the news releases.
 

 
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@Allan If you look in the news release just put out, you will also see no details of the sampling protocol at Enigma and why that spot was picked.
 

 
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@olr "@Stocksluice  ...Those who feel that Novo is acting dishonestly simply can avoid the company. If they have charges that are substantive rather than fluffily derogatory, they should pursue them in the appropriate legal venues.
 

 
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@Allan I can persue (sic) them wherever I feel like, that is what is called freedom of speech. Just like cheerleaders have the right to cheerlead.
 

 
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@Allan I don't want to avoid the company, as I said earlier, when the shiz hits the fan with these highly promoted deals, it has a way of getting on everybody in the industry.
 

 
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@Allan The results were cherry-picked right in front of you in the last news release. As you can see from highlighting the concentrate grade and not including the grade relative to the sample.
 

 
....
 
@Allan Almost like they wanted folks to get excited about the concentrate grade and left out the lower grade of the sample on purpose. I would say both grades should be included, but one looks way better than the other.
 

 
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@Allan You'll see how big of a deal the selective disclosure and high-grading the samples will be.
 

 
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@Allan Stocksluice, you need look no closer than the last news release. They selectively disclosed the concentrate grade and didn't mention the actual low grades of the samples.
 

 
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@Allan I would imagine TM is pissed that he was sold a bill of goods and doesn't like the grade problems. He knows what high-grading samples are when he sees them and selective disclosure. You guys should be a little less cheerleading as some folks might listen and end up pissed like TM.
 

 
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@Allan I am talking about the selective disclosure at CW and PR in the last release. Plus, the high-grading of samples there and likely at Enigma as well.
 

 
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@Allan You noticed no mention of sample protocol at Enigma. When dealing with samples at the surface, it is really important to pay attention to that stuff.
 

 
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@Allan They have already done that with CW and PR, by jamming some of the results in technical reports. Notice you can't easily find all the sample results easily in news releases. More selective disclosure.
 

 
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@Allan Now they are selectively reporting results from CW and PR in the last news release. Why do you think they would highlight the concentrate grade but leave out the actual low grades of the sample?
 

 
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@Allan How do you know it has continuity. It may have wide gold distribution but that sure don't mean they have continuity that will hang together into something that can be mined.
 

 
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@Allan It is a fact they high-graded the samples at CW and PR using metal detectors to pick where to sample. They have selectively disclosed results by press releasing some results at CW and PR and not others. I would imagine they did some selective sampling at Enigma because they didn't report anything about sampling protocol which is a huge red flag in a surface sample. Especially when they are doing their own processing of the material. Plus, in the last news release they highlighted the concentrate grade and left out the sample grade.
 

 
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@Allan bailey, don't be afraid to do a little stock promotion with nothing but arm-waving to back it up.
 

 
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@Allan bailey, you get personal for no reason and show you don't know what you are talking about when you have no reasonable argument to disagree with what I'm saying. But, rock on.
 

 
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@Allan You, me and everyone saw the news release with NVO highlighting the concentrate grade and not including the sample grade. We all also read the news about Enigma and saw no mention of the sampling protocol. You can't make those things go away with personal attacks on people.
 

 
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@Allan How do you know it has immense lateral nature. It can more accurately be described as random distribution of gold grades laterally.
 

 
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@Allan bailey, it isn't fraud, companies can do this kind of selective disclosure. They can also get away with high-grading samples. Not best practices, but not considered fraud.
 

 
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@Allan stocksluice, it is a very questionable thing to highlight concentrate grades and leave out the sample grade. It causes the kind of confusion ES mentioned.
 

 
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@Allan stocksluice, listen to QH last interview, he calls it randomly distributed gold.
 

 
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@Allan Wits 2.0 could be nothing more than a big stock promotion of a gold discovery that will never be mined. So far, based on the trend in grades and other issues I've mentioned, it looks a lot more about stock promotion. Company has an insane valuation for what has been reported to date.
 

 
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@Allan stocksluice, from my over a decade of experience in diamond exploration, I would say I know what random distribution means. I never said they won't find pockets that can be mined. But so far the trend hasn't been going the right way since the big grades at Purdy's and the Denver Gold show promo video.
 

 
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@Allan Choco, also why they picked that spot is important as is the chain of custody as the gold is at surface and they processed the samples themselves.
 
23 Dec 2018, 16:07
 
.....
 
@Allan @Vaughan, this bailey tries to bully anybody not cheerleading with a lot personal attacks. Might want to have a look.
 

 
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@Allan Trial mine what, sure those concentrate grades fool a lot of folks, but the sample grades are horrible. Like ES said, they are having a real hard time showing Karratha conglomerates are economic.
 

 
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@Allan islandlogger, he has an ability to hype projects, but not so much on the delivery end. His pumps tend to be big at the start and end in tears.
 

 
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@Allan @Vaughan, our man bailey is trying again to get me into a chat about my company on the NVO board.
 

 
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@Allan I never promoted myself as right minded, I've said I've been in the exploration biz for 25 years which should go without saying I'm not all there. If I was right minded, I would have had the sense to quit long ago.
 
about 6 hours ago
 
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39 Thumbs Up
 
@Allan has been sent to #MerryChristmas.
 

 
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@AUinvestor
 
@olr @43-101 "@Allan has been sent to #MerryChristmas". In my opinion, what a joke... Our moderator who cites "libel" as a reason to silence people on this board apparently needs to send himself to "Defamation Law Made Simple" (aka Defamation for Dummies) https://www.nolo.com/legal-encyclopedia/defamation-law-made-simple-29718.html Allan (not an anonymous poster) is the only participant on this thread that has publicly defamed someone by publishing a libel (accused Novo management / Quinton Hennigh of fraud, a public entity / person). Defaming the Chairman/President/Geologist of a public company can have serious consequences for the company's share price as it can affect investor perception. Worse, for Allan, Quinton Hennigh would not have to prove his innocence of such a malicious charge, Allan would have to prove his allegations of fraud. CEO.CA would be implicated in the libel as an enabler for taking no action to deter or prevent future libelous accusations. Since there hasn't been any "serious" actions taken to discourage such behavior, one wonders is it hypocrisy or ignorance that is in play here?
 

 
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Silverwhere wrote:
Dear Novo BOD
 
Allan Barry Laboucan is accusing Novo Resources of sample reporting wrongdoings. Please review ABL’s postings on CEO.ca regarding his constant insinuations and initiate legal action if needed.

 
Thank you,
SW




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