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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 JuglarJoesphon Oct 30, 2020 7:46am
73 Views
Post# 31811666

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE: NR: Field Trial Preparatory Testwork at Steinert Perth

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE: NR: Field Trial Preparatory Testwork at Steinert Perth
JuglarJoesph wrote:
JuglarJoesph wrote:
JuglarJoesph wrote:
JuglarJoesph wrote:
ValuePro wrote:
O.k. JJ, thanks.  I see a nugget surrounded by a gold matrix, both of which may be mechanically sorted, while a "sheen" can not. 

Its gold dust. They say they can pick out 99% of the gold with sorters. And from the early days they were saying that dust accounted for 7 to 10% of the gold in situ, from memory.  I highly doubt that can be recovered by a sorting machine.

You can call me JJ VP.

JJ


Which brings up a good point. If the halo can not be recovered in reality the grade drops by 10% so now you need another machine to get 733 tpd. So 11 machines for every of Jim Bowie's 1. Along with everything else 11 times also.

And thats all I will say on the matter.

JJ


Tomorrow we need to come up with a factor for theft. If you can just pick it up off the ground then that also needs to be incorporated into Jimbos machine count. 

 

Thats all I will say about that today. 

JJ


So is, shall we call it high grading or theft, possible from a remote location with on site security, and what is a reasonable factor to use in the Jimbowie machine count. I am surrounded by mines and in the old days theft was quite a problem. There are plenty of ways to steal from a mine.

- a mine superintendant's house was broken into by masked bandits who tied him and his wife up and told him to mosie on over to the gold room while they held the wife, and bring home the bacon, so to speak. He talked them out of it and was rewarded with a house for life on mine property by the company. True story. Just down the road from me.

- a couple of armed masked employees entered a mill just as they finished the weekly gold pour and hightailed it out of there on ski doo in the middle of winter. The cops arrived by car. Duh.

- local drug dealers planned the same heist but it fell through because they didnt have an inside man. This came out during a murder trial on another matter.

- from the 40' to 80's miners would smuggle out gold bearing ore in lunch boxes etc, cuffs of pants, or throw bags over the fence to be recuperted later. By the wife. So much of this was going on that homemade goldrooms were made by criminal enterprising young fellows. I know someone who has a shaker table for sale. $5000 if anyone is interested. It dates back to the 1940's. I have no idea how many ozs its produced but it looks like it has a lot of mileage on it. And it wasnt used to sort blueberries.

Nowadays though there is more security.

So back to nvo. 

- pay off the security guys. 
- body cavities, if scanners are not used, including those of the hookers
- drones if permitted onsite
- dig a hole and recoup at a later date
- throw over the fence and have the wife recoup on ski doo
- smuggle on transport vehicles used for site deliveries
- drop into the fuel tank of a vehicle being moved off site for repairs 
- wait for Ed to make a site vist with his tupperware jar

The possiblilites are endless. So what factor to use is the question, as JimBowie didnt use one in his machine count. Lets be conservative and say 10%.

Now we are up to 12.1 machines, rounded to 13 (better safe than sorry).

Hey its, Friday.

JJ

With a bit of imagination one could just walk off the deposit also.

https://www.cnn.com/style/article/shanghai-relocate-building-preservation-intl-hnk-scli/index.html

JJ
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