Novo Resources Corp T.NVO

RE:RE:ARV Short term I think ARV... 04/10/2017

[Markedtofuture]

Tx,

that was a good post by Thuner54 at HotCopper. I try to make the rounds on different boards to get the latest info. There was not much discussion on Morarity's last article posted at 321 gold. I did find this post at ceo.ca interesting. Any thoughts on a new name for these deposits?

@teevee @wannabeinvestor, @RocketRed, from Moriarty's latest article ( https://www.321gold.com/editorials/moriarty/moriarty100317.html ): "Novo’s sampling program will consist of three parts. They will begin by drilling a fan of short PQ size core holes on fifty-meter centers. They are drilling core right now. At Purdy’s Reward there is about a 1.5 km strike of conglomerate that comes to surface that runs SW to NE. Novo plans on drilling down dip about four hundred meters farther into the basin. The entire core program will therefore be 1500 meters by 400 meters. So a fan would be about 30 holes and there will be eight fans. They will only drill for structure. There are no plans for doing assays because we all agree that in a nuggety system core drilling will not reflect true grade." No assays? Is this a joke? Needless to say, the bottom of the drill holes will be checked with metal detectors for nuggests, however, I doubt that will be reported unless some nuggets are found.... Moriarty goes on to say: "It’s a placer deposit. We don’t know how the gold get there or where it came from: it’s a standard but very rich placer deposit. Where is the richest gold? Right! It’s at the very bottom of the gravel right on and in the bedrock." This comment, and the photo's explain why $NVO is panel sampling and why the layer containing the paleo placer gold nuggets will be very thin, perhaps less than a foot thick. There can be no doubt that there is full disclosure, however, what happened to the "Wits 2.0" story? Clearly, there is some backing off from that story. It is not a matter of if, but when the market wakes up to the reality of this, there will be an equally dramatic reversal. #index

https://ceo.ca/nvo?91a296af7fce