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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

Post by mortgages101on Jul 10, 2023 7:11pm
265 Views
Post# 35534508

WG and the mill

WG and the millMike was on Jay Taylor pretty much saying they will be getting ride of the mill as it's a a money pit and they can't produce economical gold, They've spent to date about $250M on it to date which is 4x the current market cap. Two question Wisguy: 1) can they get $25M for it ? 2) who's brilliant ideas was it to purchase that thing? 
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