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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 May 07, 2024 4:13am
169 Views
Post# 36026279

RE:RE:I haven't looked at this one in a while.. what's happening?

RE:RE:I haven't looked at this one in a while.. what's happening?You really do need to study the shocking incompetence that has plagued this company which is still Hennighs company, run by his offsider Spreadborough, who Hennigh wants to replace. But no replacement can be found...who would want to to instructions from Hennigh!

Novo has gone from project to project to project all low grade gold projects that were well known to be uneconomic. They spent (wasted) over $200 million in the Pilbara, much to the disbelief of the industry generally. 

Nothing has changed. While ever Hennigh is running the company the incompetence is likely to continue........

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