Silver Stocker

Main Forums => PM Mining Stocks => NSRPF - Nova Resources => Topic started by: ken on August 24, 2017, 02:08:19 PM

Title: NSRPF
Post by: ken on August 24, 2017, 02:08:19 PM
(https://www.tradingview.com/i/Y02OYMCX/)
Title: Re: NSRPF
Post by: Chart_ist on September 14, 2017, 10:39:00 AM
Looking pretty good right now for a possible break. I'd say a 24 to 48 hr. test against it's 5 DMA and if it holds up then pop. Right now it looks to me like it should with definate investor interest today. If gold and silver go south with the yen firing off then NSRPF may be one of those that will move against the grain. We'll see. GL.
(https://www.tradingview.com/x/kGWwaGax/)
Title: Re: NSRPF
Post by: ken on September 14, 2017, 11:19:16 AM
VANCOUVER, British Columbia, Sept. 06, 2017 (GLOBE NEWSWIRE) -- Novo Resources Corp. ("Novo" or the "Company") (NVO.V) (NSRPF) is pleased to announce that it has closed its previously announced non-brokered equity private placement (the "Financing") and is pleased to welcome Kirkland Lake Gold ("KL") as a new strategic investor. The Financing raised gross proceeds of $56,000,000 by the issuance of 14,000,000 units (each a "Unit") at a price of $4.00 per Unit.

It may hover around 4 but I thinks that is a risk. I would watch.
Title: Re: NSRPF
Post by: Chart_ist on September 14, 2017, 12:09:42 PM
VANCOUVER, British Columbia, Sept. 06, 2017 (GLOBE NEWSWIRE) -- Novo Resources Corp. ("Novo" or the "Company") (NVO.V) (NSRPF) is pleased to announce that it has closed its previously announced non-brokered equity private placement (the "Financing") and is pleased to welcome Kirkland Lake Gold ("KL") as a new strategic investor. The Financing raised gross proceeds of $56,000,000 by the issuance of 14,000,000 units (each a "Unit") at a price of $4.00 per Unit.

It may hover around 4 but I thinks that is a risk. I would watch.

Everything's a risk right now IMO, this one is just up to try. I wouldn't bet to hold, but I might consider a jump in and jump out to plant a seed.
Title: Re: NSRPF
Post by: ken on September 14, 2017, 12:15:55 PM

Everything's a risk right now IMO, this one is just up to try. I wouldn't bet to hold, but I might consider a jump in and jump out to plant a seed.
Yep. The problem is just when you think the metals are going to take of they plunge. Extremely hard game to master.
Title: Re: NSRPF
Post by: Chart_ist on September 14, 2017, 12:29:51 PM
Got that right!
Everything's a risk right now IMO, this one is just up to try. I wouldn't bet to hold, but I might consider a jump in and jump out to plant a seed.
Yep. The problem is just when you think the metals are going to take of they plunge. Extremely hard game to master.
Title: Re: NSRPF
Post by: ken on October 23, 2017, 02:48:36 PM
(https://www.tradingview.com/x/tsn854lW/)
Title: Re: NSRPF
Post by: sandybeachdave on October 23, 2017, 03:59:50 PM
There is a nine cent gap left late September that will be filled with a trade at $4.24. I expect to see the gap filled. This issue has rocked and a serious correction is nothing to worry about IMO.
Title: Re: NSRPF
Post by: ken on November 03, 2017, 02:02:13 PM
Up on a down day. Looking good!
Title: Re: NSRPF
Post by: ken on November 10, 2017, 09:10:15 AM
This is looking good!(https://www.tradingview.com/x/Zp9OmjHP/)
Title: Re: NSRPF
Post by: sandybeachdave on November 27, 2017, 06:00:08 PM
There has been some discouraging NSRPF news That has trashed the stock by some 50% over the last few days. Last time STO's and RSI were this low the stock bumped up, albeit a few days later. If an investor is convinced of the play, then this could be an opportunity. I have no position, but thinking about it.

(https://www.tradingview.com/x/22xlIhgR/)
Title: Re: NSRPF
Post by: ken on November 27, 2017, 06:24:28 PM
There has been some discouraging NSRPF news That has trashed the stock by some 50% over the last few days. Last time STO's and RSI were this low the stock bumped up, albeit a few days later. If an investor is convinced of the play, then this could be an opportunity. I have no position, but thinking about it.

(https://www.tradingview.com/x/22xlIhgR/)
I bought at 5.94 and I am still holding.

I think people where thinking that every hole they drilled is going to puke unicorns and 10 pound nuggets. This company has a lot of potential.
Title: Re: NSRPF
Post by: sandybeachdave on July 23, 2018, 10:16:21 AM
I bought a hundred shares of Novo this morning. All that does is move it to the top of my watch list. I think the fundamentals are much better than technical projections reflected in the charts. Anybody have any thoughts on Novo.
Title: Re: NSRPF
Post by: ken on July 23, 2018, 10:38:10 AM
I bought a hundred shares of Novo this morning. All that does is move it to the top of my watch list. I think the fundamentals are much better than technical projections reflected in the charts. Anybody have any thoughts on Novo.
I have made and lost money on it. The problem is how they measure the gold on a so called difficult project. I also have been watching it.
Title: Re: NSRPF
Post by: sandybeachdave on July 23, 2018, 04:04:48 PM
I bought a hundred shares of Novo this morning. All that does is move it to the top of my watch list. I think the fundamentals are much better than technical projections reflected in the charts. Anybody have any thoughts on Novo.
I have made and lost money on it. The problem is how they measure the gold on a so called difficult project. I also have been watching it.


PVG had the same problem and ended up taking a large and controversial bulk sample, but still got the gold concentration wrong and when released as news, the stock took a 50% hit. The PVG operation is still very good, just not as good as once claimed. Same could occur with Novo, but the error, if any, may go in Novo's favor just as easy as not. We will see; it did well today.
Title: Re: NSRPF
Post by: Chart_ist on July 24, 2018, 07:40:34 AM
I bought a hundred shares of Novo this morning. All that does is move it to the top of my watch list. I think the fundamentals are much better than technical projections reflected in the charts. Anybody have any thoughts on Novo.
I have made and lost money on it. The problem is how they measure the gold on a so called difficult project. I also have been watching it.


PVG had the same problem and ended up taking a large and controversial bulk sample, but still got the gold concentration wrong and when released as news, the stock took a 50% hit. The PVG operation is still very good, just not as good as once claimed. Same could occur with Novo, but the error, if any, may go in Novo's favor just as easy as not. We will see; it did well today.

What I worked up for NOVO. As you can see it's a pretty jumbled up mess. Following yesterday's performance if you get a bounce off the yellow line then it should go your way. Risk looks high, but you are already aware of that. GL.
(https://www.tradingview.com/x/eIG46e9N/)
Title: Re: NSRPF
Post by: ken on July 24, 2018, 09:30:31 AM
Read this on NOVA: http://www.321gold.com/editorials/moriarty/moriarty072118.html
Title: Re: NSRPF
Post by: sandybeachdave on December 02, 2019, 05:45:10 PM
Novo has had a rough time over the past couple years but recently the chart is showing some bull character with the recent positive news reports. There is a double bottom at $1.41 and stiff resistance at current trading levels with a strong up slope trend commencing early summer. The last few days the stock has run up about 35% with a volume validation dragging RSI into overbought territory and MACD is also getting elevated. 50 and 200 day moving averages are bull oriented. I have a small position and will likely add to it during tax selling pull backs. The company has great potential to be a ten bagger or more if they get their package figured out and everything permitted.

(https://www.tradingview.com/x/bnDYx45n/)


(https://www.tradingview.com/x/W8YqcQb6/)