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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 Perambulatoron Jul 09, 2023 10:05pm
151 Views
Post# 35533051

RE:321 Gold back up this evening

RE:321 Gold back up this eveningWe will know with absolute certainty when the bottom has been reached...when the " Gimp" capitulates.

But it would appear on fundamentals at least, that despite the first bit of good new in years, that the companies huge liabilities make Novo's share price still well overvalued, and the bottom could be some time off yet......
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