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Novo Resources Corp NSRPF


Primary Symbol: T.NVO

Metals & Mining Gold
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

Novo Resources Corp > A Glimmer of Hope
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Comment by Perambulatoron Feb 19, 2024 2:22pm
99 Views
Post# 35887774

RE:RE:RE:RE:A Glimmer of Hope

RE:RE:RE:RE:A Glimmer of HopeYou must be using some pretty outdated figures in your assessment!

On top of that, cash burn is very high for a company that  has a huge exploration budget which hasnt turned up anything economic after nearly a decade of exploration.

What "resource" does Novo have that has a value?


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