Novo Resources Corp T.NVO

Re. New Press Release

[ValuePro]

I can almost understand why the stock went down on the earlier news about the financing, especially as it came on a strongly down day for silver.  However, explorers thrive on financings, so it's not like this is unexpected.

By contrast, today's news comes on an up day for silver, but the stock is being crushed again anyway.  I would think that private placement investors wanting to take down more shares than originally offered is a good thing, an expression of confidence.

The market, however, seems to feel differently for now with mining stocks being so out-of-favor.  That will change.  When is the question?  ...with the end of the summer doldrums, perhaps?

VP in AZ
 

[roberto146]

I can't see how this relates to NVO. Did this comment end up on the wrong board and is it in response to the BRK private placement?

[WillBonney]

This post has been removed in accordance with Community Policy

[WillBonney]

This post has been removed in accordance with Community Policy