Originally posted by ghosta
Not really surprising there is so much confusion about the way forward with Novo, as the companies strength is certainly not in keeping the market informed, and observers have to rely on commentators guessing or making up projections. At present they are clearly divided, some saying its a "license to print money" while others say it may never be mined.
If your a Novo fanboy then you will ignore just aboutveverything the company says and go with those commentators that make ridiculous claims. Objective people might say, lets just forget the hype and look at the reality.
Part of the problem is that Dr Hennigh is a nice man by all accounts, and quite intelligent in a very narrow field. He obviously gets bored easily and hence we see him jump on to the next challenge without finishing anything. We see this from his early PhD days right through to the
Present where he chops and changes Beatons Creek to Purdys Reward to Comet Well to Tomra to Egina.
Unfortunatey and with great reluctance (at a guess) Eric Sprott has been forced to intervene. All of the projects mentioned need to be progressed to completion, and when Dr Hennigh moves on its time a practical geologist takes over. Obviouly there is resistance to this from Hennigh, hence the mess becoming public via the village ramper.
If Sprott is foiled in his plans it will be a long wait for Novo holders, who will have to put up with more of the same, and a SP that reflects this. KAI and others wishing to progress their conglomerate might at last realise its pretty simple stuff, not rocket science, and all the geological theories are not of much help....so will have to advance this new deposit type themselves. The idea of waiting for Novo to show the way has proven to be a failure.
"Present where he chops and changes Beatons Creek to Purdys Reward to Comet Well to Tomra to Egina."
Novo has 40+ employees. This allows the company to do work at Beatons Creek, Purdy's Reward, Comet Well, Egina and other places simultaneously. You would know this if you opened a Novo NR or two and looked at the way the company spends cash every quarter.
Btw Tomra is not a place in the Pilbara where you can work. It is a sorting company.
You should contact Kairos, De Grey and Marindi Metals managements and ask them what they think about Novo and Quinton Hennigh. I'm sure they'll be much more positive about the company and the man than you ever could be. Funny how people who have never spoken to Novo management and have seemingly not done any serious research into the company pretend to know the most about the management and the company.
I'd wager you suffer from the Dunning Kruger effect.
P.S. A couple of the world's best placer geologists are currently employed by Novo. I doubt you knew that since you are always so ill informed in matters pertaining to Novo Resources in particular, and the Pilbara in general.
P.P.S. Conglomerates aren't pretty simple stuff. Your claim that they are simple is the Dunning Kruger effect in action again.
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