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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 trader3000on Dec 22, 2017 1:49am
327 Views
Post# 27212391

Opinion

Opinion As a non geologist, I rely on the NRs to form my opinions on the stock. The last 2 have been confusing and unnecessarily wordy to say the least. Disappointed in ES and QH for allowing this. Thanks to Tx and others for all the useful info and commentary.

Releasing news 2 days before the Christmas break, destroys investor sentiment. Poorly timed.

Comparing it to BreX - give me a break. The Pilbara is known for its Gold prospecting. Gold is there but how much is the question. 

So now what? It is the early innings and there is still a lot to happen here. 

Good luck to all. Merry Christmas and hope that 2018 is good to all of us.
Bullboard Posts