Goldtent TA Paradise

Cliff Hanger

1. JamesBrrando says:

   December 21, 2017 - 4:55 pm at 4:55 pm

   81c? ill piss myself if we got there

   • Fullgoldcrown says:

     December 21, 2017 - 7:22 pm at 7:22 pm

     I piss myself all the time…its called urgency

     🙂

2. Mamare says:

   December 21, 2017 - 5:15 pm at 5:15 pm

   This is very frustrating like almost everything that involves PM’s!
   Novo should have been the spark that lit up the gold stock bull market….what a farce.

   • Alex33 says:

     December 21, 2017 - 5:36 pm at 5:36 pm

     I can only say I said several times recently I would never buy a stock based on such a lofty valuation. When you can buy several gold mining juniors at depressed levels right now, it is logical investors take profit and switch to other names.

     Didn’t we discussed this 2 days ago that you better not be invested in the promoted names of Kaiser and other promoters. This of course does not mean that Novo will not succeed in the long run as I have no opinion about this. My only criteria is value, and that’s why I prefer to be invested in lower market cap gold stocks.

     • Mamare says:

       December 21, 2017 - 5:45 pm at 5:45 pm

       You’re perfectly right Alex33 , I did bought Novo at $4 and Artemis at 0,15 on the Aussie market,so I did not bought at the top,but I’m disappointed that they are falling in such a way.
       don’t tell me we should hope for a bitcoin rebound in order to regain the old highs for Novo and company!!!

3. Music Man says:

   December 21, 2017 - 5:48 pm at 5:48 pm

   There seems to be a “This stock is a scam” kind of undertone which is probably because so many who were so positive seem to have gone silent.

   • Fullgoldcrown says:

     December 21, 2017 - 7:30 pm at 7:30 pm

     This sector is prone to fits and stops and hype doesn’t help.

     We all get caught up in it…to this day….we laugh at the Bitkids because they get caught in the hype.

     Well we old seasoned pros of this sector also get blinded by the glitter….and we should know better.

     Its tough to sit in Miners and then see one of somebody else’s miners take off …with a great Story like “Witz2”

     So we pile in with the heard and get stampeded as they turn on a dime.

     Man we are a resilient bunch….we will continue to jump on the good stories and momentum Miners….all we can do is…

     Position Size !!!!

     Well here we are back where we started….”WitzEnd

4. Alex33 says:

   December 21, 2017 - 5:54 pm at 5:54 pm

   I would not say it is a scam, but most analyst will not put a value on it as it is too difficult. The Market Cap is roughly C$450M. This is still rich I would say. The market obviously has strong doubts about the possibility of mining this deposit economically on a large scale. It is now up to Novo to gain back the markets faith in the project by proving they can do so.

   • Fullgoldcrown says:

     December 21, 2017 - 8:08 pm at 8:08 pm

     Thanks for your level headed fundamental analytical perspective Alex…you seem to have a nose for these things…appreciate your expertise

     ..You are one of the only ones here that actually do your DD …along with Cashcosts.

   • red label says:

     December 21, 2017 - 11:38 pm at 11:38 pm

     The feeling I got from the last NEWS release is this project is getting treated like a continuation of a University Thesis rather than a Gold mining project. Just the facts with some numbers to back it up. I’m not selling and I’m not buying at the moment.

     Cut the fluffy BS and get to the facts.