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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
Post by BigGreenWhale01on Nov 21, 2017 12:10pm
150 Views
Post# 27004165

RE: SP Decline

RE: SP Decline
What the cheerleading squad here fails to recognize or perhaps, acknowledge, is.. optimal value based on info to date, is already factored into the SP based on a 67 gpt initial assay.. which is, in fact and at best, a very skewed sampling to the upside of the potential gold resource. Hence, the SP has nowhere to go but down pending further trenching, drilling, assays and resource updates.
Bullboard Posts