Novo: Placer all the way down
Or so says Bob Moriarty of 321Gold.com. And Bob should know having followed the Novo story from back when it was trading at a quarter.
Tag: V.NVO
Moriarty on Mining
Mining is the art and science of extracting minerals from the ground at a profit.
Be of Good Heart: Moriarty on Novo
Reality bit hard for Novo shareholders in the form of a blunt press release on Friday, November 24 outlining the frustrations of the Purdy’s Reward tenement, a key tenement within the farm-in and joint venture Novo has with ASX-listed Artemis Resources Limited, in Western Australia. The gist of the release is that it is proving difficult to get useful samples from the property. Which, in turn, pushes any sort of resource estimate off into the New Year.
Great Article on Eric Sprott’s Investments
It is great to see a Seeking Alpha contributor dig in on where one of Canada’s great mining investors is putting his money. Eric Sprott likes gold a lot. He has a ton of Novo stock but he also has Bonterra, Garibaldi and investments in a dozen other Canadian explorers.
Pilbara’s gold rush: a complete guide to the main players
Excellent overview of the Pilbara gold rush. Companies and geology are covered lightly but carefully. You have heard of Novo, what John Beveridge’s article does is introduce the many other players in the area. He also gives a useful history of Pilbara’s start as an iron ore resource with enough iron to meet world demand for centuries.
Novo Release and Moriarty Commentary
Novo Resources (V.NVO) is out with a new press release today. It is a geo’s delight but the money shot is,
Moriarty on V.NVO
“I going to share something with my readers that no one has ever mentioned that you really want to think about. Pretend for a moment that the lava never covered the sand and gravel and turned it into hard rock. Instead of this being a 5-20 meter thick hard rock conglomerate, it’s a simple 5-20 meter thick sand and gravel bed with gold nuggets in it.
Best Conference Presentation Ever
Quinton Hennigh of Novo Resources (V.NVO) took to the Denver Gold Forum and presented a live feed from Western Australia. Not often do you see geos digging nuggets out of the ground.
David Erfle (Juniorminerjunky.com) On Novo Resources
I met David Erfle on the media tour of the Yukon I was on a few weeks back. Quiet, intense and very, very focused. He has to be because he is trading the junior mining market and runs a subscription newsletter from his site juniorminerjunky.com out of Southern California.
NOVO to the Moon, Artemis into low orbit
A few days ago when NOVO (V.NVO) was trading around $3.00 I noted that Australian listed Artemis Resources was trading at $0.15.