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Bullboard - Stock Discussion Forum Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF | T.NVO.W.A

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... see more

TSX:NVO - Post Discussion

Novo Resources Corp > Yesterday's spike?
View:
Post by ValuePro on Jul 14, 2023 9:26am

Yesterday's spike?

With no news, I doubt we will see a follow-through today.  I hope I'm wrong.

Comment by mortgages101 on Jul 18, 2023 7:51am
VP the company has $20M in cash after the most recent financing left over. Based on their spending pattern that is about 7 months of cash to fund payroll and general admin. Hmm while degrey can drag their feet as they only need to spend $7M within 18 months. Novo will be out of cash by then. 
Novo Resources Corp