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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Metals & Mining Gold
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

Novo Resources Corp
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Comment by wwadehammeron May 13, 2018 11:29am
193 Views
Post# 28023753

RE:"you can't build companies with bottle tops"

RE:"you can't build companies with bottle tops"
Silverwhere wrote:
 
Ed Mead quotes:
 
"We could sit back and not expand, but we’ve been presented with an opportunity whereby Kirkland Lake Gold takes a bigger stake in the conglomerate story"
 
"Between our strategy to go into gold production in July with a number of our gold projects, we really want to push forward with a number of our other nickel, copper and cobalt projects"

https://stockhead.com.au/resources/artemis-explains-why-it-wants-more-cash-you-cant-build-companies-with-bottle-tops/
 
Artemis: big smile guys, you are building ARV with bottle tops after all. Nicely done this week!




 

Hi Silverware, my take is Novo showed DL/EM the Purdy's Nagrom results and the Purdy's 6 ton sample results from SGS and they weren't good (less than 10 gpt over 1 meter.  Asked DL if he wanted to sell before poor results released to public.  DL bit.  In coming 3 weeks we should see the Purdy's results from the 2 labs, and 2 results from SGS with 1 being the 6 ton bulk sample from Purdy's.  My sense is Novo won't reach new highs unless they find another Comet Wells or they hit fine gold down dip.   It's hard to better 67 gpt over 4 meters with a fine gold component that we thought we had back last August.  JMO - no advice meant.  Hope I'm wrong.

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