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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 > why so many sellers with gold near $2000?
View:
Post by goldanalyst on Mar 07, 2022 10:26am

why so many sellers with gold near $2000?

NOVO RESOURCES CORP. (CA:NVO)
Size Bid Ask Size
100 1.06 1.07 18300
4700 1.05 1.08 44900
13000 1.04 1.09 43500
14500 1.03 1.10 6600
1800 1.02 1.11 15500
Comment by bull_runz on Mar 07, 2022 10:37am
Phantom Asks placed there by Shorters ;)  No worries they disappear quickly!  lol
Comment by BucccaneerILN on Mar 07, 2022 10:42am
This post has been removed in accordance with Community Policy
Comment by ValuePro on Mar 07, 2022 12:00pm
There are more fixated and professional bashers surrounding this issue than I've seen in anything else in a long time.  
Comment by bull_runz on Mar 07, 2022 12:18pm
Why didn't this rebound over 2 bucks??  Because Mr. Market is losing faith!  I am glad I am down only a couple hundred bucks, but I certainly won't be buying more until I am sure this company can make money, instead of spending it all drilling holes.   Bucc is pissed because he says he was mislead into investing heavily.  How many others jumped head first into this ...more  
Comment by BucccaneerILN on Mar 07, 2022 12:50pm
This post has been removed in accordance with Community Policy
Comment by BucccaneerILN on Mar 07, 2022 12:55pm
This post has been removed in accordance with Community Policy
Comment by bull_runz on Mar 07, 2022 2:28pm
If I am a gasher then Wisguycand Valuepro are CHEERLEADERS!  lol
Comment by ValuePro on Mar 07, 2022 3:26pm
Here too it also becomes harder for some shareholders to see the forest for the trees.  By this, I mean that the company keeps adding to exploration expenses faster than it can improve its income stream......FOR NOW.  A decent new discovery will change that in an instant, and I'm sure that is coming soon, if not by one pellet then by their scatter-shot approach - lots of high-quality ...more  
Comment by bull_runz on Mar 07, 2022 3:50pm
Well, you let us know hen the Feasibility Study is done, otherwise this is another big risk!
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