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Novo Resources Corp T.NVO

Alternate Symbol(s):  T.NVO.W.A | 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 Mar 01, 2022 3:31pm
261 Views
Post# 34472398

@AUinvestor The Money Shot

@AUinvestor The Money Shot "I was thinking the same thing that the SW to NE trending zone was an extension of De Grey's Hemi resource...and I believe that Novo, being a mutual fund of 13K square kilometers of prospective Gold resource land packages, is being "given away" at these ridiculously low share prices...When it begins to dawn on the market that Quinton Hennigh's "Witwatersrand 2" theory is playing out... the theory that some 2.7 billion years ago the oceans had the ability to contain up to 10,000 times more Gold than salt water oceans do today, and that the Gold was absorbed and held in concentration by the acidic salt water... the cyanobacteria produced the oxygen into the atmosphere and oceans that precipitated the Gold out of solution imbedding into the carbon remains from the cyanobacteria skeletons forming the ancient reefs where we find the Gold conglomerates spread across those Novo land packages today.........I would imagine that 25,000+ meters of drilling will cover a lot of area given that the drill holes will probably be relatively shallow. People are going to connect the dots soon enough... we will look back and realize that the absurd low price in Novo shares of the past year has been a gift allowing us to buy 10 times the amount we would have been able to otherwise... Yes, the ignoramuses over at the Novo Resources main thread have done us a HUGE favor... we will owe them a big thank you for being such incredible dumb asses. Can't wait! I bought some more shares yesterday. I'm hoping the price can stay low for a little longer as my other investment debts will be completely cleared from the books by March 1st... then with any luck of cheap shares, I'll be able to start an aggressive accumulation of Novo shares."
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