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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Novo Resources Corp > HEADLINE: ORE SORTING WORKS

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Comment by TXRogerson Jan 31, 2021 9:10am

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Post# 32430853

RE:RE:RE:RE:RE:RE:RE:RE:RE:HEADLINE: ORE SORTING WORKS

Numbers123 wrote:

WisGuy1 wrote: I believe they are current on their payments. Might hear more about it next week.

Good show WG. Now the last thing I want to do is be a pest as you know, but mebe we will hear something about this also:

From the balance sheets (I swear):

Oct 30 2020 Soumitomo funding liability 5,656,000

Jly 31 2020 Soumitomo funding liability 5,792,000

As you know, the money spent by soumi is a loan for the time being and that loan has actually decreased in the last quarter. Meaning a credit to the amount the amount previously stated as being spent by soumi, not an increase over the previous quarter. An important thing to watch for in future statements also, because if it doesnt keep going up, that means that soumi is not spending any more of that $50 m that was touted by all you fellers over there on ceo eh. As in, the art of walking away on the sly. Another one bites the dust?

123
never provides any info
useless