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Bullboard - Stock Discussion Forum 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... see more

TSX:NVO - Post Discussion

Novo Resources Corp > OLD FOX - THAT'S TWICE IN A COUPLE DAYS!
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Post by ronreagan on Feb 21, 2021 1:38pm

OLD FOX - THAT'S TWICE IN A COUPLE DAYS!

I'm happy to publicly admit that I do agree with Old Fox on these two points:

(1) The shorts covering can be a good thing for the longs - at very least, it helps the consolidation process along.

(2) TA can also used by longs, not just day traders.

I do NOT agree with the incessant, cut-and-paste refrain about Tx, HH, and Mr. Moriarty getting a price call on Novo incorrect one time some months back - but it's easy to summarily dispatch that stuff as it looks the same very time and then get to any good stuff.

Oh yeah, Old Fox, question - could your last name be ...... "Watson"? Asking for a friend. I'm getting through Mr. Miriarty's book, lots of good background information there. I would be interested in hearing any background facts you have to offer. Please do.
Comment by TXRogers on Feb 21, 2021 4:00pm
Mr President.   Some months back?  Oldfk is digging back yrs.  And extracting small out-of-context  fragemts of much greater and more complex discussions. That is how long he has been frantically yanking his wire down to its stub. Those yrs were the "golden days" on this board.  The discussions would fill a library. But Memory Lane is exactly that ...more  
Comment by oldfx1 on Feb 21, 2021 4:50pm
This post has been removed in accordance with Community Policy
Comment by oldfx1 on Feb 22, 2021 4:29pm
This post has been removed in accordance with Community Policy
Comment by roberto146 on Feb 21, 2021 11:18pm
The new report is a little late, but the short report a couple of weeks ago showed almost no shorts. Just 126,000, a decrease of 222,000 from the previous report. With 230 million shares out, this is about as close to zero shorts as you can get.
Comment by TXRogers on Feb 21, 2021 11:24pm
Who wants to have a short position when a PEA is about to be released this week. Even a chart chimp isn't that stupid. Tx
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