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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

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

Bullboard Posts
Comment by yellowbobon Sep 07, 2017 2:05pm
236 Views
Post# 26667701

RE:RE:Take Over Candidate...?

RE:RE:Take Over Candidate...?
Great if it's Wits 2 but until QH's theories are further confirmed, the far more bankable situation is that he's onto a very large economical deposit of 20 mil oz +.  That amount alone is enough to power novo much higher.  For now, it's like a biotech; trading on a probability-wieghted net present value of future massive assets/earnings, and that price will swing based on mood until more and more facts are added. 
I'm in for a massive amount for me; but if totally lost, my retirement egg is diminished, not gone.  No way it's going to be totally lost even if there's no wits 2; there's already enough probably there to keep this well above $2 usd at worst case.  All in mho of course. 
Bullboard Posts