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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 Teatimenowon Nov 14, 2017 10:39am
199 Views
Post# 26959092

RE:Izz- Canadian listed player

RE:Izz- Canadian listed playeragreed! - IZZ looks very interesting here, first Canadian listed "Novo area play" that convinces me 
it`s worth a shot.

Tight Share structure - 19mm OS - check
Good Cornerstone investors - Rob McEwen Company and Glenn Mullan - check
Low MC - 5mm - check

Once they put up maps and ppl can do their DD on what they bought in, this could run to 1$+ share easily.

Team around Glenn not known for staking rush - me too - area play BS type of businessmodel
so i guess those projects do hold good promise!


Bullboard Posts