(August 2, 2018) I was happy to see that a document with “Extended Abstracts” are already out for the Gold18@Perth symposium that is starting today (where Novo among others will be presenting)! It will take some time to cover everything but I just had...
Continue reading » August 2, 2018 admin Novo Resources, Pilbara No Comment (August 1, 2018) Lets take a trip down memory lane, and see if we can draw some parallels to today’s sentiment and action in Novo… Winding back the clock to May 8-9, 2017: What did the chart look like back then?...
Continue reading » August 1, 2018 admin Novo Resources, Pilbara 1 Comment After playing around a bit with Google Trends in order to find a potential contrarian indicator I stumbled upon the chart for Canada and in hind sight it seems to have been pretty accurate in “predicting” major tops and bottoms… Canadian search count for...
Continue reading » July 29, 2018 admin Novo Resources, Pilbara No Comment Google search frequency for “Novo Resources” over a 12-month period: … Looks like hype has died down over the last 10 months, which is approximately when Novo made the $8.80 top. Hopefully it signals that we have gotten rid of most of...
Continue reading » July 29, 2018 admin Novo Resources, Pilbara No Comment Setting the Scene Stan Druckenmiller is one investment legend that has influenced me the most I think. In the short clip below I see his investment philosophy as a mixture of Pareto’s Law (The 80/20 law) and “time’arbitrage”. (HH: Notice the reaction of the crowd...
Continue reading » July 29, 2018 admin Investing Strategies, Novo Resources No Comment I thought I would just make some quick notes on the latest NR and tie that into recent and historic findings… Bullet points: Approximately 7.5 km of continuous GOLD BEARING conglomerate strike The tuff marker bed is DISTINCT and is easy to spot...
Continue reading » June 28, 2018 admin Novo Resources, Pilbara No Comment There was a very interesting video presentation done by Quinton Hennigh (which was recorded on May 30 and uploaded yesterday on June 21) posted in the CEO forum today by “jims”. Probably the juiciest presentation done to date in my opinion. (Big spoiler: The Beaton’s...
Continue reading » June 21, 2018 admin Novo Resources, Pilbara No Comment Even with Kirkland Lake Gold picking up 4 M shares for $20 M it seems that Eric Sprott wasn’t satisfied yet (Mr Sprott is the largest owner or Kirkland Lake Gold): … Selling into heavy insider buying is something I personally try to...
Continue reading » June 16, 2018 admin Novo Resources No Comment I thought I would take a moment and discuss a bit about the different factors that I believe go into Novo’s decision making which has many people polarized as to what course of action they should or should not take. The theme of this post...
Continue reading » June 13, 2018 admin Novo Resources No Comment I thought it would be interesting to discuss Novo from some of the bears points of view and tie that into a Risk/Reward scenario. I got the idea from Goldfinger over at who suggested I could write something about why some market participants do not...
Continue reading » June 7, 2018 admin Novo Resources 1 Comment