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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 chuck8on Oct 21, 2017 6:18pm
212 Views
Post# 26841237

RE:RE:John Kaiser recommends Artemis Resources as a buy

RE:RE:John Kaiser recommends Artemis Resources as a buyI thought the best of Artemis was already joint ventured 50% with Novo, so I'm happy to stick with that rather than buy more ARV.
I believe that ES is driving this train and at some point he'll likely try to consolidate the best and absorb it into KL....but JMHO. After warrants are picked up KL and ES combined will own about 25% of Novo plus KL has about $200M in cash and more pouring in every month. Quinton has long been associated with ES and advised him on his KL property at Fosterville, etc and I expect the main reason this play is gathering speed in due to this partnership....Quinton with the vision and geological savvy and ES with his long strong knowledge base in G&S developments. I feel we have the winning combination here and now it all depends on drill results.
Bullboard Posts