Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 6,700 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. Its key project area is the Egina Gold Camp, where De Grey Mining is farming-in to form a JV at the Becher Project and surrounding tenements through exploration. The Company is also advancing gold exploration at Nunyerry North. It focuses on undertaking early-stage exploration across its Pilbara tenement portfolio. It has also formed lithium joint ventures with both Liatam and SQM in the Pilbara which provides shareholder exposure to battery metals. Its Belltopper Gold Project comprises the adjacent Malmsbury and Queens projects.

TSX:NVO - Post by User

Novo Resources Corp

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Comment by thebeek02on May 31, 2014 1:43am

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Post# 22617646

RE:Share Ownership

At $1.00 this was bob's largest single holding. He bought at 40, and probably sold some on that next news, for 0 basis. I could imagine him buying $100 k originaly. Probably still has 200k shares? Wish I could have ha. Anyone imagine his having a much larger budget for a favorite?
I'm thinking this will take two more, one year exploration (money printing) cycles to demonstrate.
I'm buying more at $1.30, which is approaching faster than I thought.

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