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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 6,700 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 lithium joint ventures with both Liatam and 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 rich9on Dec 01, 2017 9:49am
329 Views
Post# 27071221

Nvo is drifting down

Nvo is drifting downIt seems inevitable that NVO share price will continue to drop until they prove something tangible, Absent very large investors buying large chunks of shares in the meantime. The question is how low will the share price go before the share price explodes back up or even ever explodes back up? Probably better to sell the shares now and buy back in a couple of weeks or even several weeks when you can buy back alot more shares..
Bullboard Posts