RE:RE:RE:RE:RE:RE:RE:RE:Jumpin on JenniferRedflame wrote: The high in 2017 was $8.63. The covid low was $1.41. A shorter's dream. I've made more money on this stock then any of you will unless you sold around the high back in 2017. Hennigh's two ounces per ton sucked in the market including Kirkland Lake and Sprott and a lot of Mom's and Pop's. It was just bad luck. Maybe Hennigh just picked a spot at random and hit the only 2 ounces per ton spot possibly in the entire Purdy's Reward 2 kilometer length. Maybe, probably, what luck huh? I mean what are the odds of hitting 2 ounces of gold per ton in a sample from an ore body averaging 3 grams per ton? 100,000 to 1, 1,000,000 ot 1? It's a widely spaced nuggety system so I guess anything can happen. Who knows and who cares now?
Novo's no closer to meaningful bulk samples at Purdy's Reward and Comet Wells than they were in 2017. Hennigh got his money from Kirkland Lake and did everything he could prevent a price increase in Novo so the 14 million warrants Kirkland Lake had were worthless. He did a great job. He has made a powerful enemy in the process. Hennigh paid double what he needed to to get the mill. That's because he fiddled around for 3 years to get Kirkland Lake off his back and was scared to death of running out of money. If Hennigh had gone straight to trial mining at either Egina or Comet Wells as Keith Barron recommended, he wouldn't have been desparate for cash and sold the farm to get the mill. Keep drinking the cool-aid suckers.
Lol - What a muddled lecture. Did anyone assist you with all that?
First you accuse me of being the Novo insider, and now it appears you know all about Novo's "powerful enemies". In fact, the same powerful enemy that remains Novo's largest shareholder and involved in the company's business. I suppose I will have to pass on the position of "close insider" to you.
I tell you what: Why don't you proceed to examine all the Novo NRs over the last 3 or 4 yrs. Have you noticed anything strange with regards to the so-called "farm" which has been sold? Sure seems to have grown in size don't you think?
You seem a lot more desperate to put across some presumptuous points, in addition to the valid one atop of your head. As a soon-to-be intermediate gold producer with a full operations infrastructure in place, C$62.1 Million in cash, US$35M senior secured debt, and a well over-subscribed recent Private Placement, it does not seem to any of us that Novo is so desperate for cash.
You ramble on why Novo didn't go straight to TRIAL mining as Keith Barron recommended? I suppose the activities of the IGR-3000 mobile mill over the last couple of years are immaterial to you. That's expected in your case. However, only an accomplished simpleton would fail to notice that becoming a REAL miner via a mill acquistion is a little more beneficial for investors.
Your opinions and musings may be more representative of a TRIAL investor as opposed to a REAL investor, so that may explain things.
Just remember this RF: As most battered wives eventually discover, they really are not that loved.
Tx