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 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

Novo Resources Corp

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Comment by Silver777on Sep 07, 2017 5:23pm

256 Views

Post# 26668919

RE:RE:RE:RE:RE:Take-overs and Mergers: Don't be afraid - simply be aware

To be honest, I don't know how to gauge "insanely high". Wits 1 gold reefs contributed to the majority of the wealth of the South African economy for 130 years, and the creation of city of Johannesburg as a result.

When folks use the term Wits, few really can grasp the scale of wealth that is attached to such a term.

Tx

I will try - total of all gold taken out of the ground approximately 7 Trillion by some estimates
divide by a little over 3 ( 1/3 from Witts 1 ) let's say 2 1/2 Trillion.

Now if Witts 2 is 2 / 3 / 4 times richer - you do the math.

Now what percent does Novo control ??

I recon lots of money !

CH

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