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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 mrbubbaon Nov 14, 2020 11:59am
215 Views
Post# 31901293

RE:RE:RE:RE:RE:RE:Wiseguy and Tx!

RE:RE:RE:RE:RE:RE:Wiseguy and Tx!When Novo starts hitting on all cylinders coming up soon, volume will easily be 4 million shares per DAY. The KL dump could be dispatched within a matter of days. Don't sweat it - primarily concern yourself with THE STORY and whether you believe QH. 

Will the mill be ready to go the first week of January?

Will the Steinert sorter work well to scale?

What will the head grades be?

Additional exploration?

If these questions turn out positive, KL will look back and not be very happy with itself - could have waited a few months and sold which would have enabled them to buy back more of their own shares. That won't look good to THEIR OWN shareholders. Bad decision. To each his own.

THE ONLY RISKS as I see it are (1) potential delays (none known at this time), and (2) the Natives changing their minds. Otherwise, prepare yourself to make money.
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