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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 gatewaon Oct 25, 2017 1:16pm
199 Views
Post# 26856940

RE:RE:Who's trying to bring us down

RE:RE:Who's trying to bring us downYou're missing  One ingredient. With the large amount of shares on the float, trading 50,000 shares, which when I posted this morning was the case. Some of those are sellers, some of those are Buyer's.  I just don't see the stock fluctuating on such a small volume of shares $.20 or $.30 like it has been doing.  My only conclusion is shares are hard to get, or could shorts also own shares which they may sell into the market trying to cause a panic.  So I disagree with your statement that volume doesn't mean anything.  The right volume at the right time means everything in my opinion.

 The above is of my opinion only just thinking out loud.

 Always do as you feel 
 Not what you hear 

happy investing to all

Bullboard Posts