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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 thegeologiston Sep 10, 2018 10:08pm
112 Views
Post# 28594651

Pilbara gold

Pilbara goldThey are all finding gold in the Pilbara - juniors and prospectors alike. Not a lot in many cases but what these finds seem to have in common is that a lot of the gold is still attached to its quartz gangue hence it is clear that it comes from veins and it was not 'precipitated' from seawater.

You bought that theory, didn't you :) :) :) At $5, $6, $7, $8, etc as the Preacher and his Horse were telling you back then. They were not spoon feeding you, but bucket feeding you. 

Therefore we don't expect any large continuous deposit but small gold rich patches of conglomerates that would make a prospector or small private company rich but which are usually not suitable for listed companies. Especially not for a billion dollar co like Novo.



 
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