Display name AU107 Member since February 25, 2018
Clearly, this is turning into the next big mining company... with Kirkland dumping millions alongside with Eric Sprott this one will be a winner. Companies are just acquiring land near them (Pacton) and their valuations are skyrocketing. This is the next big play, and by far the hottest exploration areas... I would be interested to hear a bears prospective on Novo...
June 11, 2018
Valid points, but as I have pointed out on Novo's board... what is giving these companies these sky high valuations? I understand the significance of having big shareholders on their side and land packages.. but why are they leading the venture everyday in volume?
June 8, 2018
Eric Sprott's 2176423 Ontario Ltd., a 10% Holder, acquired 50,000 Common Shares on a direct ownership basis at a price of $7.956 on November 6th, 2017. This represents a $397,820 investment into the company's shares and an account share holdings change of 0.5%. <-- Filed on Canadian Insider in November... Clearly, Eric has plenty of skin in the game and put his money where his mouth is by buying up there. He is in this for the long run evidently.
March 9, 2018
No topics followed by this user.