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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 GoNovo2014on Feb 24, 2021 8:22am
110 Views
Post# 32644970

RE:RE:On Jay Taylor

RE:RE:On Jay Taylor
Thanks, Tx!!

As you had said in the past, “See the future today”.

GoNovo2014


TXRogers wrote:

 

likeike wrote: Quinton Henning said will be 2 weeks yet before the PEA.

Like I figuired as we grapple on lots of things he cannot comment on.

Steady state in 2 months and steadier in 6 months.

Got 2 months before trial mining in Karratha and getting sorting going.

Engina somewhat delayed by drilling oh yes and more drilling even Mosquito Creek.

IKE


You all realize the ramifications of what has been repeated yet again:  The Pilbara basin IS the gold mine.    

 

It's layered gold mineralized pancake craton.

What does any PEA represent at this point.  An initial minuscule pin-head mining operation within 14,000 sq-kms.  It's the birth of a PEA at infinitum.

Get used to it.  Once the PEA starts, it will never end.  Not with this story.  The PEA(s) will always lag the mining and milling operations, as these activities have already commenced and will spit out gold endlessly.  

Regardless of PEAs.

That's what was just reiterated on this week's JT podcast.  

Tx


 



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