Go Novo,

I agree with all four of your points.

Perhaps NOVO's lack of current promotion also could be related to their being a tiny company with a small "float" (stock available to the public). Bob M. said in his Oct. 29, 2012 "Update on Novo": "Novo is the most tightly held stock I have ever owned or covered. I think over 85% is owned by insiders and management."

This would mean the current float is about only 5 million shares (31 million shares times 15%). NOVO may regard their timely press releases as sufficient to meet the information needs of that small group of stockholders. In the meantime, the NOVO insiders are not interested in selling much, if any, of their NOVO stock, so why spend money on promotion?

I myself also believe there is little NOVO word-of-mouth among many gold-mining speculators because, when they do hear about NOVO, they don't believe in the basic concept of "precipitation gold." These conventional thinkers believe instead that the gold NOVO is now finding must be fluke, or not big enough to be worth mining.

To me, that is the main reason for speculating in NOVO. The new theory makes sense to me now; I do not need more data. Moreover, I can buy shares today at prices close to what some insiders paid. On August 15th I paid 75 cents (USA) a share; this past Friday I paid 83 cents (USA).

But if I wait a year or more for drilling results to confirm Quinton's theory to conventional thinkers, NOVO's price then could be multiples of today's price.

rek