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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
Post by cigarbuttson Nov 06, 2017 11:59am
455 Views
Post# 26912048

Trenches at Purdy's

Trenches at Purdy'sIF you look at the map or the PR on the company website,  and you blow that one up,  you get an estimate strike length of about 800M from the two widest trenches.  

Artemis DOES look like the BIGGEST LOSERS  from a management/BOD integrity knowledge point of view.   I do have enough money and have been around investments long enought to realize I don't have to invest along side such people.   I sold this one last night in ASX.

They have been involved in this JV for how long?    And we are supposed to believe that just the other day they looked at their maps and realized they have some conglomerates?
Without being too specific if they are the same conglomerates as the ones that they JV'ed away and have pay at Purdy's.

That tells me a lot about the brain trust at Artemis.     They are either real crooked or real dumb,  in my opinion,  or perhaps the worst,  both.  

Maybe something weird geologically happened at the location where they announced some conglomerates,  BUT,  this is not along strike or downdip from Purdy's.   This we know.
And,  they did not announce a chopper,  4 wheeler,  metal detector,  trenching program.   To actually go out an examine these rocks...............So,   pick your poison:

1)   They already did and found jack.
2)   They are too lazy to go look
3)   They really did just figure out yesterday that these rocks over there might be good,  but are not inclined or forgot to tell the market that they plan to look at them.  

And really,  for the JV     they can just sit tight on their butts and wait.  
Bullboard Posts