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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 reeJoeyon Dec 24, 2017 7:27pm
344 Views
Post# 27224655

RE:John Kaiser on the Purdy's Reward and others

RE:John Kaiser on the Purdy's Reward and othersMy read is for ARV to disconnect from Novo as soon as possible and chart its own path with all it has and will have.  Delinking from Novo as much as possible and all its confusing and share-dropping QH announcements would be best practice. Doing so probably is what has DL psyched.   How many more of those QH utterences will it take to crash NVO to under $1.50?  As Kaiser said, chance now for AUSTRALIAN juniors to take the lead in the Pilbara.  Might be time for NVO shareholders to dump worse than dead money in NVO and pick up ARV shares while the price still is down owing to Novo--don't think that relationship will last much longer.  It isn't important to "be Right" with a stock selection (put you pride aside);  all that counts is not continuing to lose money and instead start making some money.
Bullboard Posts