Novo Resources: Consolidating
Still inside the box and channel: Hourly chart looks very oversold:
Continue reading » Tag: Novo Resources
POLL: What Are You Most Interested in Reading About?
Since I get a lot of questions and emails about what I think about company X or Y and I am unfortunately unable to answer every question due to my “work pipeline” already being full to the brim, I thought it was a good idea...
Continue reading » Novo Resources: Another Teaser
First of all, Novo Resources recently uploaded their November presentation to their site, which included some thoughts on the gold mineralization at Purdy’s Reward. One statement reads as follows: “Novo has confirmed Comet Well-Purdy’s Reward deposit is a near-shore marine alluvial gold deposit”. Basically rising...
Continue reading » Protected: Novo Resources: First “Insider” Release
There is no excerpt because this is a protected post.
Continue reading » 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″]
Continue reading » 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,...
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