I would just like to draw your attention to the following tweets and ponder the relationship and what it might mean for “the Pilbarians” going forward: TWEET 1 TWEET 2 … Until next week, have a good coming weekend folks! Best regards, The...
Continue reading » August 3, 2018 admin Novo Resources, Pilbara No 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 The somewhat recent discovery made by Novo of a 30-35m thick section of conglomerates beneath the Mount Roe Basalt at Comet Well, including a new circa 15m thick lower conglomerate sequence that contained “buckshot” and weathered pyrite made me think about De Grey’s discovery north-east...
Continue reading » February 23, 2018 admin Novo Resources No Comment This correlation matrix is based on logarithmic day to day changes for the last three months: De Grey Mining and Artemis Resources have the highest correlation to the daily movements of Novo Resources. De Grey and Artemis seem to trade pretty similar. Novo...
Continue reading » January 7, 2018 admin Novo Resources No Comment