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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 6,700 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. Its key project area is the Egina Gold Camp, where De Grey Mining is farming-in to form a JV at the Becher Project and surrounding tenements through exploration. The Company is also advancing gold exploration at Nunyerry North. It focuses on undertaking early-stage exploration across its Pilbara tenement portfolio. It has also formed lithium joint ventures with both Liatam and SQM in the Pilbara which provides shareholder exposure to battery metals. Its Belltopper Gold Project comprises the adjacent Malmsbury and Queens projects.


TSX:NVO - Post by User

Bullboard Posts
Post by Redflameon Dec 20, 2017 10:39pm
713 Views
Post# 27201720

Reality

RealityOwn a few shares just because this is so interesting.  At least it was interesting up until the Nov 24 presser that woke everyone up that maybe there's not billions of ounces here.  Now the posting is mostly backbiting which becomes worst the longer the wait for bulk sample results.  Bashing gets on everyones nerves when things aren't going good.  PP is not really a good basher as he/she/it is too heavy handed although it does generate alot of rage which eggs him, her, it on.   A really good basher can inject subtle comments like:

Eric Sprott and his company stopped buying just before the Nov 24th presser. which means QH told him the bad news and he knew the share price would tank.  ES could have bought more with the share price almost 50% lower than the highs but he didn't because he knows that something is amiiss.

Eric Sprott and his company haven't invested in anything in the 3 weeks since he's been on ASX. All the experts were saying lots of takeouts by Kirkland and other bigs were coming.  All the Australian juniors have tanked, now would be a good time to buy in.  Maybe the bigs have figured out it's not worth investing in.  

The lab didn't have any trouble with the Steinert machine in the first bulk sample or if Steinert did, they correct the trouble.  Why would they have trouble with the new machine after calibrating a machine for the original bulk sample?  Maybe there's no nuggets to sort out of some of the follow on bulk samples?

Where's the announcement on where and how the 20,000 ton bulk sample will be processed.  It has been a month since Novo announced that Artemis received approval.  Does it take a month to figure it out?  Is there in-fighting going on between Artemis and Novo?  Is Artemis asking Novo to pay for all the costs of setting up and adding to the mobile processor being installed at Radio Hill?

Where's the 2 major pressers that QH said were coming in December?  Has preparing a 3D  model proved to difficult like the RC drilling.  Have major areas been shown to have no conglomerates like trench number 5?

Have the 60 diamond drill holes shown absolutely no fine gold in the cores?  You know the cores have been split and sent to Europe for analysis.  Even put some of the cores under electron microscope analysis and still no fine gold.  Not good, not good at all.

You don't like the above comments but it makes you think about it for a second rather than just fire back the you're a stinking basher redflame.

Novo share price will be $12 or $0.63 sometime in January depending on the bulk sample results. That is if they can get the Steinert working.
Bullboard Posts