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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 teddygvaon Dec 04, 2017 2:44pm
170 Views
Post# 27087022

RE:RE:RE:Frustration builds

RE:RE:RE:Frustration builds
waitingstill wrote: If you are talking about the 17.5 inch diameter drill results, I don't believe it is so much that they are "bad", just that they could not get meaningful data (ie reliable data) from them so I doubt they will report them.

That's the problem here. We finance them. Spending money and say aftwerward "no meaningful data" isnt right.
And what do you consider meaningful data ? If the drill results showed 100g /t would they think it is meaningful and publish it? Bad or good, we shareholder want to know more.

I'm starting to come to the conclusion that they will have to mine it to get either rich or broke. Seems the only solution. I might be wrong...
Bullboard Posts