Novo Resources Corp T.NVO

QH on Jay Taylor

[WisGuy1]

@Wolclaim Jay Taylor Dr. Q. Hennigh tomorrow at 3 PM ET to explain why Novo Resources will seek to acquire a 50% JV interest in the Queens gold project in Victoria Australia & possibly 70%. Also joining me will be Corewin Coe of Sitka Gold Corp. and John Rubino of https://t.co/tlPHMDnGBq

[WisGuy1]

I think this is today.

[powderkeg2]

I went to Jay's site. No mention of QH this week.

[Dormie18]

QH just was on with Jay Taylor to discuss what are strategic investments in New Found, Kalamazoo. GBM, Calidus, etc. They are monetizable investment ultimately, but there are no plans to do so immediately. He continues to gush over New Found which has $60 million in value to us and climbing. The Beatons Creek data and update  will be out in late March or first week of April, including the

[WisGuy1]

Dormie, Thanks for the great summary.

[PanamaGold2018]

Beautiful... love it and thank you for sharing!

[WisGuy1]

More tons per day. Higher grades than the market expects. Possibly more bars produced than the market expects. Could be one helluva NR. 

[ToottFairy]

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[PanamaGold2018]

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[SamTroy]

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[ronreagan]

Hey there Wiseguy, did you hear the foregoing about more tons/higher grade from QH on the Jay Taylor show? Thanks for holding down the fort over at CEO.CA and sharing over here when you can - much appreciated.

[WisGuy1]

He said that they've gone from 2.5 tons per day to 4 tons per day and it sounded like they might be able to increase it. QH didn't say much about grades other than they used lower grades to run through the mill first to make sure it was working efficiently. Higher grades is just my feeling. QH did not mention it.

[Dormie18]

They used the lower grade material to open a tailings dump area out back somewhere. It's all a part of the mine and immediately reclaim plan, but it did sound as though that site phase has been completed and they will be utilizing higher grade material shortly, if not already. I remember QH discussing it about six Crescat videos ago.

[SamTroy]

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[SamTroy]

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[SamTroy]

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[WisGuy1]

Dormie,  Would you happen to have a link to the interview?

[WisGuy1]

Found the link. Thanks Jay Taylor/ QH  link https://www.voiceamerica.com/episode/129220/interest-rates-amid-out-of-control-spending

[HuberPeter]

Much appreciated. Looks like ramping up is going forward smoothly. Grade control is a Challenge due to the nature of conglomerate style of deposit. Grades could vary greatly; especially in the phase of ramping up. In Sum I believe 2g/t is probable; with surprises in the upper side. Recovery should work due to the technical study report between 90-95%. peter   

[SamTroy]

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[Fabrix72]

Hey Troy, It could be that they don't want to disclose grade casue they don't want the market to know. Meanwhile, things may be getting exiting behind the closed doors..as Q looks exited. They have a runnng mill, lots of land, they have stakes in other companies, new thechnologies...what do you want more when you can get a stock with all of this at once? Time and patience ! By the way

[TXRogers]

Hey Fab.   You forgot about the Japs.  WTF is wrong with you today? Tx

[Fabrix72]

I am upset with you TX.  You didn't tell me if you like the ARCH bike  :(

[SamTroy]

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[ronreagan]

I actually find myself agreeing with Fabrix72 here - I do think there is a distinct possibility that QH is simply being quiet during this mill tweeking process and maybe for the same end reason to keep things quiet. However, I also think there's a chance that Occam's Razor applies here - QH said that he does not want to disturb the guys during their 16-hour days, meaning he does not want

[smilingmickey]

Is that a figure for what has been achieved so far or is it what you expect going forward?

[SamTroy]

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[SamTroy]

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[smilingmickey]

I guess you will not be an investor then.

[SamTroy]

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[smilingmickey]

Well one of us will be crying in our beer when the next update is issued! Fingers on the button!