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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
Comment by goldencratonon Sep 21, 2019 1:13pm
134 Views
Post# 30151565

RE:Kereport

RE:Kereport
TonyLip wrote: A few quick comments having just listened to it. I think they will be dropping a lot of the ground that is not at the edge of the basin. The sustaining costs will be too much to maintain. The focus is whats available at surface as its a lot cheaper to mine. A lot more money than what they and Soumi has comitted will be required to build a meaningful mining operation so anyone who thinks there wont be more money raises is out to lunch. It will be years before they are mining in a meaninful way.

The above are not negative comments, just a dose of reality for people with a shorter shelf life, like Tony. Hats off to nvo for taking it on and to Capn Q for his perseverance. I hope he pulls it off and that nvo can maintain a meaningful interest by the time its cash flow positive.

Tony Lip eh.


Hey.... this "new" guy Tony...
Sounds to me like he’s more than just another handsome set of knuckles…
He's got a brain too...

Glad he’s one of us…and not just another one of those useless brainy bastrds that keep showing up here pretending to be all friendly and peaceful like…

https://www.youtube.com/watch?v=VBT68a56s70

Thankfully most of the brainy bad guys aren’t that smart after all…are easy to spot and have a fun to exploit weakness…

https://www.youtube.com/watch?v=aTe0MjAZvMU

Guess we better keep the music flowing…

https://www.youtube.com/watch?v=RZFPiG8dEBk

And them green brains poppin.
gc


Bullboard Posts