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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 > A speculative question
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Comment by ValueProon Apr 29, 2022 10:24am
117 Views
Post# 34642134

RE:RE:RE:RE:RE:RE:A speculative question

RE:RE:RE:RE:RE:RE:A speculative question
"Those may all be reasons to delay production and focus on exploration and acquisition."

Are you serious?  That would drag building value, which reflects in the share price.  If cash flow can be had, why would any company avoid building on that when it can help finance "exploration and development"?  

That's Bus101.  Are you a visitor from some other planet? 

Geesh!


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