Novo Resources – Quinton Hennigh and Mike Spreadbough answer follow up questions from the recent webinar

August 17, 2021

After a very well attended Novo Resources webinar from last week there were a number of questions that we didn’t have time to get to and a few questions that came in after the fact. So I set up another call with Quinton Hennigh, President and Co-Chairman, and Mike Spreadbough, newly appointed Co-Chairman, to answer these questions. We start with questions on operations and follow up with exploration.

It’s a rapid fire Q&A as I have the guys keep their answers short so we can get to as many questions as possible. Please email me if I missed your question and if you have any follow up questions. My email address is

Here is the webinar recording if you missed it. We addressed a lot of questions during the event as well.

Click here to visit the Novo website for more information on the Company.

    Aug 17, 2021 17:53 AM

    Is it true that Biden has appointed Hunter Biden and Bill Clinton to run the new relief effort for Haiti after the big quake?

      Aug 17, 2021 17:50 AM

      Hunter and Bill are experienced experts. Trump and Hannity have nothing to do with it.

    Aug 17, 2021 17:15 AM

    certainly is true. Trump and Hannity are also included to make it bipartisan.

      Aug 17, 2021 17:50 AM

      Trump and Hannity were removed from the Haitian relief effort as they refused to give the Big Guy his standard 10% cut which Hunter has always agreed to.

    Aug 17, 2021 17:49 AM

    While talking to an Investor Relations guy at another company he really questioned the entire concept of Novo Resources and wondered why none of the Australian majors are doing this project? My initial response was “those that snooze loose” but the interchange was interesting from two different points of views. But even though it was an episode of dishing another company and lowered my opinion of the IR guy. By-the-by, I own lots of Novo, after PAAS it may be my second largest holding and I am buying more at these levels.

      Aug 17, 2021 17:54 AM

      The guy has a point. I don’t think the Aussies are snoozing.

    Aug 17, 2021 17:53 AM

    Sorry –> “But even though it was an episode” -> “That was a petty episode”

    Aug 17, 2021 17:04 PM

    VIZSF – added @ $1.59

    Aug 17, 2021 17:45 PM

    As mentioned before, gold is looking forward and probably predicting a slow down in the economy —-also disinflation. More pundits are starting to talk about this possibility.

      Aug 18, 2021 18:09 AM

      Doc , Would you dare to buy these two stocks: Triumph Gold(TIG.TO) and Americas Silver (USAS)? Thank you 🙂

    Aug 17, 2021 17:01 PM
    Aug 17, 2021 17:34 PM


    Never do I get a thank you but that’s ok! Looks like only charts get the thank you lol. Just because I don’t share my own charts mimd you this platform is not so friendly to share you have to go through obstacles to post I much rather not.

    Glen keeps telling you folks for the longest time, right shoulder failing, double bottom flimsy won’t hold imo and I’m still on record including everyone Matthew doc rambus and every guest not one to my understanding has flat out said like me it won’t hold. The one time I said it was Matthew trying to convince me. But nah that double bottom will break and the miners are 100% headed one more time lower before we finally go higher. Impact hit my target as mentioned and impact will hit .29-.31 now guaranteed!

    Not ker member has said thank you glen you have saved me money but no sweat I don’t give two hoots because I call it how it is and I don’t back down or kiss anyone’s ass. The facts are you can listen to whoever you want but you shall be burned. Biblical.

    As always make your own choice and don’t be scared to listen to others who have been more right..


      Aug 17, 2021 17:43 PM

      Hello Glen…… thanks for the update….
      and keep up the great work….. 🙂

        Aug 17, 2021 17:48 PM

        Hey Jerry!

        Nice to hear from you 🙂 hope your doing well! I have been listening to your post and have had you in my mind for sometime. Actually have a few questions I wanted to ask you. Going to see if we can exchange emails. Covid etc and your thoughts on a few things.

        Thank you as always and keep posting yourself. Freedom of speech is hopefully still alive until I die.


          Aug 17, 2021 17:52 PM

          Glen…… I would be glad to exchange emails with you….
          Come over to the Orphan Section…. so, we do not disturb the money making machine… 🙂

            Aug 17, 2021 17:58 PM

            Oh, … the Orphan Section, is the political /religious section… 🙂

            Aug 17, 2021 17:36 PM

            Let me know when you are ready….. thanks

    Aug 17, 2021 17:39 PM

    Doc respect to you as you have been also not acknowledged as you should be! You are the voice of reason and probably the most sound in approach flat out. My discussions with you have been good and clear. You have no agenda and you are a pillar to the ker. The most accurate and you have saved who listened plenty of money,

    For th long term traders looking for the final bottom and finally a blast off in heater shake or form, we or need and doc live for these moments of a longer term buy we’re the big money is maid. For the short term traders I don’t see how it in any way you have made money with this horrible market. Very difficult to time.


    Aug 17, 2021 17:41 PM

    I think we are very close and a hard drop could get us there but could also happen in another month or two!

    Looking for a sharp miners reversal with a strong move. That will be the green light bottom is in. Not yet!

      Aug 17, 2021 17:56 PM

      To the ones who follow me, Doc Iamgold is headed exactly we’re we discussed! It has broken the $3.30 region and now closed below $3.. we are getting close to a “Major bottom folks” and glen is telling you this coming out of a long term background lurking mode. Something you want to hear. For the many of you who don’t know I personally like to follow iamgold as it is One of the leading indicators and primary leaders and will show us when this bottom is in. According to its pattern I’m looking for a 2.71-2.75 hit with a .6% of my remains funds going in. If that level breaks iamgold will shoot to $2.25 we’re I will unload 2% of my remaining funds. If that breaks you better believe that every miner is retracing that 78.6 I spoke about and my remaining 2% will be deployed. Folks we are very very close to a final bottom which means very soon to two more the top!


        Aug 18, 2021 18:40 AM

        Thank for sharing your latest thoughts Glenster.

    Aug 17, 2021 17:38 PM

    Hey Glen..great to see you posting again