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Novo Resources Corp NSRPF


Primary Symbol: T.NVO

Novo Resources Corp. is engaged in evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. The Company explores and develops its prospective land package covering approximately 7,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia. The Company operates through two segments: care & maintenance operations and exploration operations.


TSX:NVO - Post by User

Comment by waitingstillon Oct 01, 2020 10:17pm
69 Views
Post# 31656212

RE:RE:What is the “Dummy Definition” of Worthless?

RE:RE:What is the “Dummy Definition” of Worthless?You would think this is the first open pit mine ever tried?! I would like to think management has some experience in this area of mining and milling that they would be able to calculate the cost of removing the over burden and whether that over burden has any value contained in it or not. It boggles my mind how with all the technology and experience there is out there that this is such a black box. Clearly my lack of mining experience is not helping me to understand why this can not be figured out beforehand as to whether it will be economic or not. And that could be to my detriment financially if what the man/woman of many monikers has to say has any merit. Or I have to trust QH and the team that has actually seen the land, all the assays, the mill and so on. Clearly I am putting my lot with QH. I sure hope he is as smart as many claim and he has this sorted out.
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