Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 6,700 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 > why so down you guys
View:
Post by likeike on Apr 20, 2021 11:33am

why so down you guys

Right now the naysayers, bears, shorters and the 95% are very effective in “leading” the discussion towards a 100% focus on risks. Negative scenarios that could have varying degrees of chance of happening are talked about like they are certainties. Why? Because PRICE is down and that “must” mean that risks have increased. Sometimes the market is rational and a cheaper valuation is rational to see. However, what tends to happen is that A RISK captures the narrative and that negativity gets translated across the board. Meaning that the discussion has a tendency to steer into a narrative where it suddenly sounds/feels like ALL RISKS have increased simultaneously. Factors that have little to no relation to one risk aspect suddenly gets drawn with the same brush. Inevitably it leads to an overreaction and a negative price spiral. What this results in is a Risk/Reward picture aka opportunity that is getting exponentially better but which goes over the head of 95% of market participants.
Comment by MajorKong on Apr 20, 2021 11:35am
This post has been removed in accordance with Community Policy
Comment by TXRogers on Apr 20, 2021 5:27pm
Oldfk represents the contrarian "panty stain" meter.  Nowhere to be found in the stock price bull run, but consistently observed screeching like a baboon during the dips. Perfect Correlation.   Even the failed geriatric Village Idiot shows up again, who couldn't even find work at Novo pumping the seasonal flood waters out of the portable toilets. But the most ...more  
Comment by ronreagan on Apr 20, 2021 5:34pm
"Flood waters out of portable toilets" - now THAT's funny! This is why I hang out here - the wit makes my day on a daily basis, and the idiots are such easy marks. 
Comment by TXRogers on Apr 20, 2021 5:52pm
Always take comfort in knowing that a serial failure will prioritize their obsession with you, over their own lives.  And when you ignore and care little for their presence, what is left for them to do?   Answer:  Accelerate the trolling, which is furthered countered by accelerated disregard and disrespect.    Despite it being painful to observe, it really is not your ...more  
Comment by ValuePro on Apr 20, 2021 6:35pm
I see that little has changed here while I was offline for two days owing to a sudden and invisible VPN conflict, now resolved.  Meanwhile, I am unshaken for the long term and looking forward to whatever progress is reported in the coming months. Cheers to the other longs here who can see past the dust. VP in AZ (where we get short furious dust storms sometimes, but in an otherwise glorious ...more  
Comment by Harmunica on Apr 20, 2021 6:57pm
This post has been removed in accordance with Community Policy
Comment by Harmunica on Apr 20, 2021 7:06pm
This post has been removed in accordance with Community Policy
Comment by TXRogers on Apr 20, 2021 7:09pm
After he called a bottom last week.  No argument on his accuracy.  None at all.
Comment by Harmunica on Apr 20, 2021 7:13pm
This post has been removed in accordance with Community Policy
Comment by ronreagan on Apr 20, 2021 8:22pm
Yeah, the old curmudgeon called a bottom one afternoon, and then the VERY next morning the bottom fell out. Then he started babbling incoherent with some excuse. Like a teenager, never takes responsibility. So funny!
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities