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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
Comment by BmBillyBasson Aug 09, 2020 9:34pm
117 Views
Post# 31385492

RE:RE:RE:RE:RE:From the smartest man at CEO.CA

RE:RE:RE:RE:RE:From the smartest man at CEO.CA
BmBillyBass wrote:
BmBillyBass wrote:
TXRogers wrote:

Say, Billy Boy

Did you ever get this eerie feeling that the growing lump between your eyes could actually be an emerging horn?

That would be timely.  

Our previous horned wonder must have finally checked into an Assisted Living facilty for delusional pachyderms.

We still mourn his absence.  And his "predictive talents".

Tx


Not at all. Im neutral at the moment. Im in wait and see mode. Actually Im more and more disinterested.

Now Im reading that Sprott had a hand in influencing Sprott Inc to finance. Read between the lines talk. Had Sprott, Soumi, Kl, or Nem participated directly I would have thought ok, maybe theres something here. Sprott Inc particpating is meaningless as far as Im concerned as thats the business they are in. Finance at 9% or more, add a warrant, make it all convertible and bingo, some they will win and some they will lose. Did any of the major players influence them to do it, who cares, it wasnt their money, and in the end if it allowed nvo to proceed forward so its in their interests also since they all have a stake which dates back to when the story was different.

BB



 


For the next year its dead money. Perhaps thats why Im disinterested. It might follow the pog. Like any other gold related stock. 

 

BB


Jaguar that Sprott owns and mentions now and then. Underground 4 gm, 100k oz producer. 21$ m q? profit, market cap less than nvo, producing, over 10 yrs reserves. I spent 5 minutes on dd Friday before leaving the office. You want a comparable 100k a yr producer, there it is. Theres a difference between open pit and underground but bc grade is less also. No read between the lines glasses required. 


BB

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