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Strategies & Market Trends : Canadian Junior Resource Roundup -- Ignore unavailable to you. Want to Upgrade?


To: ogi who wrote (4402)11/24/2017 10:03:36 AM
From: ayeyou  Read Replies (1) | Respond to of 4478
 
Exactly why I try and steer clear of highly overvalued spec plays. Edgy shareholders with quick fingers on the sell button. I never did see NVO worth anything like the valuation given it. I see fair value for NVO at about double what ARV's MC is. That would put it about $2.00 a share .

It sure did fill that gap though ,hit low of $5.04 , recovering now but for how long?




To: ogi who wrote (4402)11/24/2017 10:13:49 AM
From: WalterWhite1 Recommendation

Recommended By
downandout

  Read Replies (1) | Respond to of 4478
 
Wow, that happened in a FLASH!!

The force is strong with you Ogi :) Comments made by RR and others convinced me to exit at 7.38. I am not a chartist, but comments about that gap were well founded. Sometimes it is wise to listen to others. NVO was a huge gainer for me, and maybe will be once again in 2018. We'll see if this story is kick started in January with drill and trenching assays.