NVA 7.89% 20.5¢ nova minerals limited

Ann: Cleansing Statement, page-56

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  1. 2,038 Posts.
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    In the last podcast Chris was talking about a 5th
    drill rig. That says to me there is ample funds for
    the drilling and the buyback. Now with the buyback
    cancelled perhaps a rethink and pay up for the
    5th rig? I was never against the buyback in fact
    they should have not cancelled it. As I stated in
    a number of posts the buyback should have been
    used when the SP was stupid cheap. I personally
    think they went in too early which looks correct at
    this time. No Im not going on hindsight its what I
    said and I also mentioned current SP as being a target.

    The gold at Estelle had not evaporated into thin air.
    Nor has the targets been exhausted. The fact remains
    we are an exploration company drilling in a prolific
    gold belt with multiple targets. I could be too bullish for
    my own good so DYOR but Nova still looks great to
    me. There is always going to be good and bad.
    Now we are seeing some bad with the SP and
    market sentiment.
    GLA
 
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