Loading ...Thanks for posting the news about Novo. I’ve been waiting for the stock to dip below $3 (according to Morris Hubbart; his charts say $2.50-$2.60 would be a good buying range). Also, a large amount of stock, from a previous PP, is freed up right after Labor Day. Its hard to ignore a 35% investment by NEM, and now a sizeable investment by KL. They’ll have close to $70 million in cash on hand. A very interesting theory about the old rock in Western Australia (Witswatersrand) being washed over by acidic seas that can dissolve gold. The CEO Hennigh has had this theory since the early 1990’s. If he’s right, this stock has HUGE upside……
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