Novo is not worth the $544 million market cap based on Friday’s close using fully-diluted shares. Novo might eventually be worth $600 million or even more. But that reality is several years away. I have been recommending selling to my Mining Stock Journalsubscribers for several months. I don’t just ideas to buy, I help my subscribers avoid stocks that are overvalued, for whatever reason.
This post was published at Investment Research Dynamics on December 23, 2017.
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