Goldtent TA Paradise

NVO.v is breaking upside out of a small bullish flag.

1. Thebeek says:

   October 2, 2017 - 4:50 pm at 4:50 pm

   Novo has dammed the torpedoes and are barging ahead with both size cores as I type and you read. So news will Not slow down at all
   In a couple days they meet with Newmont who is regretful, having sold, truly by the common arogant corporate mistake of the corporate branch not listening to the aussie crew. They sold to Kirkland sub $2.00 Before the Kirkland deal! Their CEO is truly a numb nut. And now mr.corporate jet numb presses back for this ‘hi corporate meeting’. ((:-))
   I imagine there is a 10% chance for a Rand mine size reserves; 50% chance of the biggest thing since SA; and 70+% chance for the biggest thing in fully’s lifetime.
   Novo’s issue is going to be holding off the big boys for as long as possible. Those powers might force a simple double —Otherwise we could see a triple , a 5 bagger or a ten, from here (from my glazed over eyes) as long as Quinton gets the full chance to engaged their new $70 mil. budget. that’ll take 3yrs.. Don’t let him sell out for $15 🙂

   • North says:

     October 2, 2017 - 4:59 pm at 4:59 pm

     Definitely, the biggest thing in Fully’s lifetime. He’s a young whippersnapper. 🙂

2. Mamare says:

   October 2, 2017 - 4:50 pm at 4:50 pm

   All this Novo saga is extremely powerful (do not forget LOTS of nanocaps around that discovery like artemis-degrey-kairos etc..) but it has not yet energized the gold stocks universe as a whole.
   Novo and companies are surging regardless of what the price of gold is doing,this is really similar at what happened in the 90’s with BRE-X ,but back then even the worst gold stocks went up with the tide.
   What will happen now? Will the entire sector react to this amazing (theoretical until now) discovery and explode to the upside….or it will remain silent waiting for the Novo bubble to burst?
   Will Novo be the detonator for a bull market for the history books or it will be just a blip of hope for the depressed goldbugs?

   • Thebeek says:

     October 2, 2017 - 5:05 pm at 5:05 pm

     for this period it’s sucking capital out of other explorers After X-mas they all ketchup.

     • Mamare says:

       October 2, 2017 - 5:11 pm at 5:11 pm

       With ketchup you meant that the entire sector will explode to the upside after X-mas …or it will be destroyed? :-/

       • North says:

         October 2, 2017 - 5:14 pm at 5:14 pm

         They catchup. 🙂

         • Mamare says:

           October 2, 2017 - 5:20 pm at 5:20 pm

           So let’s hope that they(99,99% of gold/silver stocks) will catchup to the upside.
           I would call Novo…..NOVOCOIN since it is acting more like BITCOIN that the rest of gold stocks…..
           There are 3 bull markets in front of our eyes:
           1 SM
           2 BITCOIN
           3 NOVOCOIN

3. Olyeller says:

   October 2, 2017 - 5:24 pm at 5:24 pm

   Very impressive move today, especially when you consider Brent Cook issuing a 1/3 sell on his position this weekend based on valuation. This stock is now trading on an “I must have this stock in my PF at any price” valuation as many ASX listed exploreco’s scramble around looking for “watermelon seed” nuggets on their respective properties in the area. This story is just heating up folks, just wait until mainstream retail comes charging in and fighting over roughly 60m shares in the retail float, and roughly 77m float after all warrants have come in.

   • Thebeek says:

     October 2, 2017 - 7:34 pm at 7:34 pm

     he’s made profit and now raising capital. There is plenty of potential out there…

4. Thebeek says:

   October 2, 2017 - 6:23 pm at 6:23 pm

   i’m going to share some of what I’ve been doing, as I believe many here are hooked up with similar sites/resources.
   I changed my strategy a year ago with my frustrations timing cycles. I did well with the baby bull off the bottom but I started aging even more quickly shortly after that.
   I went back to my old forte of evaluating miners from which faith had been decimated for 4 years.
   Sure enough principles were still in place – with crewcuts. management management management.
   I identified counter gdx strength. and reviewed my old files. I then x referenced them with lists out of services available and intertwined in this blog arena.
   I keep a big cash reserve. selling something before buying anything else. I play some leverage only at ICL’s. I can handle just a few companies,
   plus several issues I could not let go. Novo was one of them….
   I’m doing much better than dreading the next turn. Watching the tone evaporate here with 2-4 days “corrections”
   I love spock’s conviction and level headed explanations, although A chunk of my positioning is in the Q’s, ala an ex goldbug.
   I let our family money managers invest the markets.
   For me this interest comes out of geology background. My pride would be to overtake the managers. They’re still ahead…
   I get to play, having survived several health scares, My family will be fine, and I have little to loose.
   Thanks to all you generous chartists on board here and to everyone I encourage prosperity and security in these uncertain times. Grandhy youre da best 🙂

5. Thebeek says:

   October 2, 2017 - 11:09 pm at 11:09 pm

   If you want to play Novo for giant potential with less risk consider Kirkland. They are believers as their stock jumped $600 mil as novos bumped $200 when they made their novo purchase.
   If there’s a rand mine here they have the cash to make it happen and know how to mine. Their cap is 2.8 bil and they’re producing 580k ozs a year. A rand would make them bigger than barrick.( and barrick has 3 corporate jets).
   No chasing/downside risk.

6. Thebeek says:

   October 3, 2017 - 12:02 pm at 12:02 pm

   Jeez someones here can make the market…
   KL’s up 31/2% as well

7. Thebeek says:

   October 5, 2017 - 7:45 pm at 7:45 pm

   thinking nmt wants 15% of a $billion. I’m Half out today till $5 a share.
   There’s a lot of work to be done on a giant target…
   Overlay that land position on google or even better Aussie landsat.