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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 grape562000on Oct 04, 2017 10:19am
338 Views
Post# 26774733

RE:RE:... stock is way undervalued because ....

RE:RE:... stock is way undervalued because ....Thank you Austrochris. As much as anyone, I find the 'possibility' of a Witwatersrand reef in Australia to be exciting. That said, anyone who has already ridden this rocket up should at least take their initial investment off the table. I have a feeling someone is going to get hurt. $1B USD valuation with 500K defined resource (actually, inferred) is in my opinion, a bit too far, a bit too fast. Not naysaying. Just saying be careful.
Bullboard Posts