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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 Dec 18, 2020 10:53am
250 Views
Post# 32139735

RE:RE:POTENTIAL - DO THE MATH

RE:RE:POTENTIAL - DO THE MATH Eric Sprott was recently talking about the fact that he NEVER uses discounting to present value in his valuations, as he knows there is always further exploration on projects which tend to MORE than make up for any such discount. At least that's the rule HE uses. He's done pretty well, I think.
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