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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

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

Bullboard Posts
Post by krishakon Nov 07, 2014 3:13pm
239 Views
Post# 23108094

NSRPF + 24% today, and coincidently...

NSRPF + 24% today, and coincidently...gold is up $28.50 as I post. If the rises of both together are not coincidental it means that investors are responding to the increase in gold by increasing their holdings of Novo. That's the reason I bought Novo in the first place, two years ago. I am grateful to 321gold for bringing it to my attention, because I am of the opinion that gold, (as Frank Giustra says), is destined to be the ultimate bubble.
Bullboard Posts