Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

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.

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Comment by TXRogerson Nov 07, 2020 5:44pm

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Post# 31858306

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Reality

DeathByRabbit wrote:

DeathByRabbit wrote:

TXRogers wrote:

DeathByRabbit wrote:

TXRogers wrote:

DeathByRabbit wrote:

ronreagan wrote: Sometimes you just have to recognize the CLUES. I trust QH's judgment, so do Sumitomo and Sprott, who both put a LOAD of money in this company. Don'twait on TA to make your investment.

I dont do clues anymore Ronnie. Show me the money.

Lola

And when that happens, NVO no longer becomes a speculative play. It becomes a revenue generating business.

Show you the money? How about I show you your place on the Lassonde Curve instead.

That's the game.

Tx

The Lassonde curve assumes the end result is a money generating outcome. Which may or may not apply to a binary play. At this juncture nvo is a binary play and anyone who says different is wrong.

DBR

You have just defined the junior resource sector.

ABX was once a speculative play. Don't you wish that you were loaded up on it back then?

Tx

I was. It was called Lac Minerals back then. One branch anyway. But I was younger then. A rabbit. Now Im a tortoise disguised as a crazy 70 pound rabbit female hitman:)

Lola

People who put money into nvo are not fools. The outcome at bc could be a money generating one and investors will do well. People who put all their money into nvo are fools because its binary. I know you are not a fool Tx and that you are here to practice your prose. Im here to stave off alzheimers by keeping my mind busy. i also find it therapeutic to kick the Clap now and then.

T2

Regarding the comment about where one may put all is money; yes, I agree. But there are caveats.

In this type of market, would you be a fool to put the majority of your money into Novo? Well, I will be polite and state ... again .... that I wouldn't do such a thing personally .

In contrast, would you be a fool to place it all on either ABX, or WPM, NEM, KL, Newcrest, or any other Major? No, I don't believe you would be.

It's all risk/reward. In any one of the dividend paying Major making record profits today, there is very little risk in such a market.

That's where I hope Novo eventually goes. But until then, there is risk before such potential rewards.

That's the game.

Tx