Unfortunately the market loves exotic stories and ignores fact.
I am aware of Novo Resources and what an incredible run it is having.
Fortunes are being made and mark my words fortunes will be lost.
It has been quoted as one of the greatest discovery in making. Please note" in Making"
Not yet though.
I have listened to the Chairman Dr. Quinton Hennigh, and he himself has said it is early days. But the gamer have gamed the stock very well. Yet, I can only be jealous.
No story here at MOY.
Only Facts.
It is easy to sell story but extremely hard to sell facts.
Anyway, it feels to me that Gold stocks are gearing up for the next rally. Momentum is building and lot of stored energy will be released. For e.g, almost everyone involved in MOY knows it is a great buy at .15c but are holding off their purchase to get in lower. And it may bloody well go lower....who knows...I certainly don't. I myself have topped up at .15-.155 and don't want to see any lower.....but if it gets there....will have to add.
Overall I suspect a nice rally is setting up in gold stocks.
MOY Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
