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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

Post by WisGuy1on Jun 04, 2021 10:51am
153 Views
Post# 33329443

BM on Novo and NFG

BM on Novo and NFG@fingerprint42 MP07: You asked a perfectly valid question. And 150,000 ounces yearly was on the high side of my estimate. They are cashed up, they are producing, problems are being sorted out and they have serious work being done at PR/CW. Nothing is going to happen today or tomorrow to change anything on the company. Having a stake in NFG worth $190 million hasn't changed the opinions of the trolls even a cent. Its time to sit back and let them work. There is lots of time later to throw rocks should they not measure up. I think a year from now they will have a solid 125,000-150,000 ounces a year. If the gods smiled on us at Egina and the two native groups came to the table it would be a whole different ball game entirely.

@fingerprint42 Olr: NVO is sitting on 10% of what will probably be the best discovery of the last 20 years. Anyone who doesn't get that can't read or can't think
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