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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
Comment by CometWellon Sep 20, 2017 4:34pm
254 Views
Post# 26722211

RE:RE:HTG I think Momentum is now on the bullish side

RE:RE:HTG I think Momentum is now on the bullish side
MomentumMan wrote: TY. Yes I became bullish on the asset when ES started buying more at $3.90. I have never seen him do that before. Not trim on the way up and I stated that clearly. I tried to go long but there is way too much volatility and without drill results in near future I need to play smart and not get sucked into all the hype and make money in the time being. There is a tonne of short postions to close and they are still shorting. Must be logical and analyze all components. Feds pissed on gold today. Tomorrow is anyones guess.


goldstd69 wrote: after seeing the investments of ES at around 4.00...give him credit for being flexible and changing his views when the evidence shows....I think he is on the same page as you are now...trying to bring peace...jmho


Yes, I agree. Eric Sprott buying on the open market after his trip is a great sign. Drill results may not be coming in the near future but any day we could get some signs of visible gold from trenching. Hopefully in the form of a youtube video ;)

 




Bullboard Posts