Novo Resources – Outlining The Recent News and Answering Your Questions

December 21, 2018

Novo Resource relas3d news earlier this week updating us on the TOMRA sorting machine and results from the Egina Project. Quinton Hennigh joined me to further outline the news and address your questions that were emailed to me over the week. We focus a lot on the Egnia Project and how the Company can move toward a resource in the new year. We also look at the use of the sorting machine and how it could help advance the industry.

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    Dec 21, 2018 21:39 PM

    I thought the Novo news was good news. But, as has been the case for almost every PR, something or someone believes that all news is bad news. Not sure what will cause the Pilbara algos to think it is a good day…Maybe when Novo buys the OTC and Venture exchanges and hires honest people.

    Dec 22, 2018 22:24 AM

    I think yesterday was a capitulation day. Extremely heavy selling day on a light trading day and no new low? Momentum indicators and RSI are also making new highs since the stock bottomed. Who was taking the other side of the trade on all that volume? Someone was loading up. If I had to guess it was Kirkland Lake and Eric Sprott taking a majority of those shares. Next week should be interesting in my

    Dec 22, 2018 22:24 AM