With the price of gold pulling back it doesn't help Nova.
Even though Nova is not a miner yet and the POG is
somewhat irrelevant its the mindset of joining a gold
bull market that counts. Considering gold was sub
$1400usd ? when the first Nova drill hit dirt at Estelle
price now is none too shabby. But you have to acknowledge
that the move down is not helping Nova.
Next is SLR, excuses for want of a better term have been
lithium price and covid for the lack of action with listing the
company. Yep I get it times have been very difficult but since
holding Nova shares Snow lake has been always going to
do great things but as of now its still a waiting game.
The other argument here is SLR will add next to nothing
to Nova SP. I personally don't agree but the delays have not
helped investors to have confidence.
The suggestion that Nova have a PR manager is also one I'm
starting to agree with. Chris has been great at doing the podcasts
and to his credit he has kept putting the message out there.
We are getting to the point where Nova will need a PR person
with a much better way of communicating the message. Most times
management are just to damn lazy for the podcasts and
answering investors questions. I don't see this with Nova but like
I said more skill in this area would not go astray.
I ve already voiced my views on news flow so will leave that one alone.
Anyways just some Sunday afternoon thoughts.
GLA
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