Just going to say without reading all the back and forth tit bits posted - this is a great announcement and shows again the massive potential Nova is sitting on.
The next 6 months (I feel and it’s my opinion only) is going to be pretty big for Nova.
SS due out next month
RPM drilling - and from this below looks like it could be an absolute monster. Would love to get @kduvey and his thoughts on this
Snow Lake - we should get more drilling, PFS commencing.
If you choose to listen to the noise and buy into rhetoric of some, then that’s your choice. If you can’t join the dots - again that’s your choice, but at some point fundamentals will come through.
Management buying on market - tick
Top 20 holders all still holding post consolidation - tick
Moving Colin Belshaw (with 30+ years mining experience) into a more operational role - tick
Macro stand point, inflation is a real problem for central banks. Gold is the traditional hedge against inflation. Again at some point fundamentals will come into play and gold will shine. Our timing in the path to production could be an absolute sweet spot…..
A lithium play which is in a market heating up, which has a very global point of difference (being a true green mine). Nova won’t be able to monetise that asset for at least 3-4 months. Plenty of time to get news flow out of them, they’re cashed up and good to go.
Yair they might need to raise funds soon - I hope it’s a more cornerstone investor who will be with Nova all the way through to production (but if it’s not I’ll still hold)
But Nova could be one of the largest global discovery of gold in a number of years (if not decades) whatever the “noise” and rhetoric some spin, this fact is undeniable. They are clearly signalling they are preparing to move from explorer to wanting to be a producer. This next 6 months, I feel, will be very formative for Nova and it’s future. Been holding for 7 years now, have a very low average, but so happy we are nearly on that cusp I feel.
My opinion only, but it can’t be denied by anyone, the next 6 months will be exciting indeed!
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- Ann: Geophysics confirms extension of RPM high-grade gold deposit
Ann: Geophysics confirms extension of RPM high-grade gold deposit, page-62
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