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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
Comment by Blazesbon Dec 26, 2017 4:38pm
316 Views
Post# 27227510

RE:RE:To all the Newbies

RE:RE:To all the Newbies
Rocker66 wrote:
I get a big chuckle when I read the various post. On the way up their was euphoria. now on the way down its allo gloom and doom. It is a prefect example of how human psychology works. Everyone is usually wrong at the extremes. I think a lot of people got “Kaiserized” here by a guy who is not a geologist, he is a research analyst that makes his money from getting people excited enough to subscribe. If you place your economic future in his hands …. Well good luck
.
If you are a Trader then this latest news release probably has you wanting to slit your wrist. However if you are an INVESTOR and bought at a decent price to begin with then you know you just have to be patient and let things play out. Investors are patient and do not base their economic lives on every newsletter writer and poster with an opinion.

There is Gold there, just look at DEG's 1.3 million resource. They are going to go on and make money and the conglomerate would just be frosting on the cake.

If this isn't the biggest Motherlode in history does it mean that Novo can't make any money ? No its just that all of the Traders who want a $300 stock are going to be disappointed, angry and blaming everyone that they aren't Novo millionaires.

 So yes QH has disappointed all the wide eyed GAMBLERS, but those of us that are INVESTORS are going to give him the time he needs to sort out what has always been described as an unusual deposit that would require unusual methods to mine, and HEAVEN FORBID that this may take some time.  But then that is the difference between and Investor and a Trader – TIME.

Well said Rocker.  Your comment is a corrective to the manic/depressive nature of this board.

I assume that, like myself, you are 'shocked!, shocked!' that there is volatility in a jr. mining stock.
Bullboard Posts