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

Bullboard Posts

Comment by cruisieon Oct 08, 2017 3:24am

319 Views

Post# 26790304

RE:RE:RE:RE:RE:why in god's name would you pay $7.67

That's the whole question. Calculating right now means the stock price is crediting NVO with about 10million ounces. If this is Wits 2.0 there can be 100 million ounces or a billion.. There is your ten bagger. Other plays are much riskier, thus cheaper, simple fact. Just do what the big money does in this case... Buy KL, NVO and a bit of the smaller area plays. About the doubling of a stock.. Look at Amazon, Apple etc.. It does not have to be very hard, even when you are in the 100's of dollars.. It is all about underlying profit margins, outlook and assets.

Bullboard Posts

Investors eye Australian gold mining projects amid promising developments