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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 5,500 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. 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 a lithium joint venture with SQM Australia Pty Ltd (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
Comment by honkytonkgirl1on Aug 30, 2017 10:32am
270 Views
Post# 26636717

RE:RE:RE:Today

RE:RE:RE:Today
oldgoldz wrote: coochiekoo,
By all means, please enlighten us about your small promising prospect!

And also, while I expect NVO.v to end the year higher, it looks like there must be a pullback to at least some degree between now and then.

Given that I and some others on this board view that as a buying opportunity, I'd appreciate any thoughts on where that pullback is headed. 

Personally, I cannot credit a pullback to $0.70, but am hoping that it will drop below $2.95 (which is about midway in Morris Hubbertt's buy range of C$ 2.65-3.23) so that I can snag my desired number of additional shares.

It was not clear from honkytonkgirl's good recent post whether the sample she was mentioning was the same one grabbed--apparently sans nuggets--by Newmont during it's team's site visit a week or so ago.  Newmont seemed to come skeptical, but I look forward with anticipation to see if Newmont's ardor heats up.
Tnx
oldgoldz
PS--I do not frequent King World News--too histrionic--but wouldn't it be great to have an interview such as this one on Excellon aired about, say, Novo's plans for pre-production mining at Beaton's Creek to fund further Karraba, Purdy's Reward, and Comet Well assays?
https://kingworldnews.com/billionaire-eric-sprott-on-skyrocketing-silver/


A pullback we may see... But do not believe we will see eg 2.50 anymore as funds will likely gobble up any share trading below 4 dollar
Bullboard Posts