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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

Comment by burnisheron Aug 11, 2020 11:15am
110 Views
Post# 31392727

RE:"tried and true"? —QH on the MOY mill

RE:"tried and true"? —QH on the MOY millSS, We simply dont have all the info.  That 67M IMC plowed in could have been any of several categories.  It could have been outstanding invoices.....in other word, pending liens.  So he paid of creditors to have his title which would have allowed him to proceed in any direction.  It could have been something else.  It is no small sum.  And since we think the oxide section was ideally suited to the BC ore.....and the new section with the Pinox is rather.....testy and subject to the MOY patents.....this is likely for the future.  Hell, the 67M could have been put out into any number of things to help IMC get a clear runway to make their plans.  

I suggest QH hires the very best consultants available when his own forces come up a bit light in the solution category of efforts.  I like this.  And as I have stated in other venues, having QH on other BOD is a form of invaluable currency.  Information.  QH is exposed to the biggest and best opportunities going forward.  He need not be far off from autopilot to control things.  This is my perspective.  I truly am not trying to convince anyone.  But I felt compelled to list a few thoughts.  

Best regards to us all.  
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