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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Metals & Mining Gold
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

Novo Resources Corp > Today's update from New Found Gold
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Comment by PulpCutteron Nov 08, 2021 10:40am
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Post# 34099609

RE:Today's update from New Found Gold

RE:Today's update from New Found Gold

Question for you ValuePro:  You're a bank.  How much do you nick New Found Gold for, next time they come in for a loan, because their grade assay number are no longer backed by an independent lab?   

Those grades at the high end are off by more than 6X - grades that are part and parcel of NFG's worth as a business. Any ambiguity about their accuracy is going to COST you when you go for a loan.

 

 

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