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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 12:16pm
257 Views
Post# 26912202

PC

PCWe agree on a few things:

Artemis management is laughable.   But it does not mean that their rocks are a joke or a scam.  What is know today to be their best stuff is out of their hands and in the JV with Novus. 

KL looks like a good play on two trends that we both know.    Hey,  just look at how Sprott himself has his "money weighted"  between the two companies.

However,   I do not hink the KL bod and officers would just go along for the ride wwith ES for $50 down in the conglomerates IF they had not at least send some GEO's over there to ride the strike line and scout the rocks. 

Where we may disagree............I do not give a rats xss about the precip theory or other paleo placer considerations for how the gold got there in the 1st place............

My theory is that the great creator put it there 2.7B years ago waiting for some mear mortals with metal detectors to find the seeds just last year.    And I happen to think my theory is as good as any other.
Bullboard Posts