Novo Resources Corp T.NVO

Chen Lin buying Novo

[WisGuy1]

 Chen Lin reported at the 5:30 Min Mark of this week's edition of Jay Taylor's Turning Hard Times Into Good times Voice of America podcast that he is buying Novo Resources.

https://www.youtube.com/watch?v=Qjm00BLcRCI

[mortgages101]

Wisguy why don't you have novo in your top picks for the ceo contest? 

[ValuePro]

Let me guess that Wiseguy is like me.  My top pick for one year from now would not be Novo, nor would it be any other stock.  Long-term, Novo is my top pick among gold explorers, subject to news coming over the next several weeks.  One always has to adjust to company news and changing market fundamentals.  Affixing one's reputation to a "top pick" 12 months out

[Perambulator]

Im wondering if your choice of the most inept gold exploration company on the TSX as a long term pick reflects that ALL gold exploration companies listed on this exchange are even more hopelessly inept (hardly seems possible that noone in Canada has even a few clues), OR  that you have absolutely no idea how to evaluate the potential of gold exploration companies.

[ValuePro]

"Im wondering..." Is that a question or a statement?  By the way, if you read closely what I posted, I made no commitment to anything as a top pick.  You sound bitter.  Why is that?  Was your timing on Novo too early?  Whose fault would that be? I hope you can have a more successful 2023. Regards, VP in AZ

[mortgages101]

VP you've been around novo for a while. How much are you down? 70%?

[ValuePro]

Yes, I am down overall but up on some of it.  So what? Seasonality is kicking in now, so it's time to buy anything PM-related, don't you think? 

[ChillinCal]

Chen Lin is obviously a very smart and successful investor, but the stocks he has mentioned on Jay Taylor's show have not turned out very well. SRPT was a huge winner SRNE has been a dud  ACST failed its trials and crashed SNPX just failed and crashed TCDA just failed and crashed AMRS is down by 50% since he mentioned it However, I believe Chen has made a lot of money off these

[ValuePro]

"I'm sure his subscribers who follow his day to day advice do well as they move in and out of positions at his direction." So what is it you are suggesting about his saying to Taylor that he is buying Novo?  Is it that Chen will sell soon, advising only his subscribers?