RE:RE:RE:RE:RE:RE:Mr IKNBobMoriarty wrote: Redflame: Of course you understand that Eric Sprott has a tax bill due this month that is nine figures. He is selling off some shares in many of the companies he has a great profit in. And you also probably realize we are in a gold correction. You do know what a correction is, right?
Novo is at the sweet spot in the Lassonde curve. For those who invest in their rear view mirror as you seem to be doing the price of Novo cannot be explained other than it is a bad stock. For those who actually understand that markets go up and markets go down they look for stocks that are cheap. Novo remains a great opportunity for those who understand how markets work.
I don't think that's you. LIke Mark Turner, the Rhino, Crux and Trad you have an agenda and I suspect it is not in helping anyone make money.
Tx, I hope you dont mind me not giving Bob a pass on this post. It is Friday afterall. And this is the sh nvo board where no one gets a free pass.
Two points Bob. First, Eric donated all his nvo shares to charity 1 or 2 years ago and already took the tax loss. Second, the Lassonde curve assumes that the company under consideration goes on build a mine that is profitable. That has yet to be proven in the case of nvo in the eyes of an unbiased observer. in other words, the Lassonde curve is fine and dandy in hindsight only unless youre sure it applies.
Hey, its Friday.
Leopolt