Chart of the Day: Novo Resources
We should see some wild movements pretty soon. RSI and MACD are suggesting that the large wedge will be broken to the upside. [yop_poll id=”1″]
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De Grey Mining Finds More Conglomerates
De Grey Mining recently announced discoveries of more outcropping conglomerates beneath the Mount Roe Basalts near Whim Creek. West discovery: I do not own De Grey, but I own a large chunk of Novo Resources that owns most of the...
Continue reading » Novo Resources: Second Teaser
Presented without comment (for now)… Much more to come…
Continue reading » Novo Resources: Big Picture (Teaser)
I have a bunch of slides that I will post at some point in time, that covers a lot on the Novo staking as well as target size theory. Basically I think I have cracked the code behind Novo’s staking. It’s really simple when you...
Continue reading » Novo Resources: Value Calculations
I decided to create a spreadsheet for myself that I could use as a reference guide and help assign possible value scenarios for Novo Resources. I have used 8 km as strike length since that is the minimum stretch that the conglomerates are believed to...
Continue reading » Portfolio Update: Latest Action
New positions GT Gold (GTT) I pretty much thought GT Gold was overvalued for the entire move up and as Jayfire put it: “It’s priced for perfection”… Well the latest NR shattered that “perfection” and shares have sold off big time the last two days,...
Continue reading » Novo Resources: What do we Know or Think we Know?
I decided to put together a little list of factors that are influencing me personally regarding the odds of finding something of economic value at Karratha. Since we have so little actual data at this point, and the first exploration results from phase 1 at their Karratha land...
Continue reading » Some VERY crude calculations on Novo Resources (NVO)
The following calculations are extremely crude and speculative. We have no idea what the AVG grade, thickness and continuity will be so the numbers should not be used for investment purposes. Used guesstimates based on Moriarty’s post, the bulk sample and guesstimates etc: Thickness: 5...
Continue reading » Charts of the Day: Otis Gold and GFG Resources
These are two of my favorite charts at the moment:
Continue reading » Investing Ideas: Buying Cheap Stuff (Compounding Time/Ratio Arbitrage)
In this article I will try to explain how I think regarding my investing philosophy as well as where I think the most alpha is “hidden” today. Setting the scene: 1 – Commodities – Dow Jones ratio: … So commodities are are basically at...
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