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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 Silverwhereon Nov 24, 2017 6:50pm
167 Views
Post# 27028868

RE:RE:RE:RE:RE:Alarm bells. Thankfully I act on them.

RE:RE:RE:RE:RE:Alarm bells. Thankfully I act on them.Something about a door & its proximity to your posterior comes to mind here bilbo . . . See ya . . .
bilbobaggins.midearth wrote: Thanks TX for a rational response.  You may be correct.  My caveat is that managment should provide more detail concerning failures.  From my reading of the news release there was an emphasis on hardware inadequacies:  "various drill bit diameter sizes, drilling dry and wet, various sampling techniques, and a mix of sample collection tooling."
This seems a little hard to believe in the light of their prior use of RC drilling at Beaton's Creek.  Words are just words, we are all free to interpret them in a way that suits us.  Nothing can be proved one way or the other at this point.  As for me, I note that there are delays, and unanswered questions, and I hear a ringing that won't go away....beeep....beeep....beep.....  Glad I listened to it.  I'll be moving on to projects with more certainty.  I wish you success with your investment.  

Regards,

Bilbo





Bullboard Posts