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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 Rocker66on Dec 27, 2017 3:57pm
320 Views
Post# 27233309

RE:RE:RE:NVO's changing story line - and implications

RE:RE:RE:NVO's changing story line - and implicationsTX in regards to your comments about the changing nature of the story consider this.

Baron Rothschild said "the time to buy is when there's blood in the streets." I read these post and I can’t say there is absolute blood in the streets but IMO it is pretty darn close. Eric Sprott understands this concept so what is curious to me is that we have not seen any buying from him or the other insiders as of yet. No buying in Novo, De Grey, Artemis or Karios.

Also if there is a scheme to knock the price down, as has been insinuated, so that some acquisitions can take place then it has to show up in the appropriate reports. But it hasn’t.

Maybe just maybe Hennigh and Sprott are a little surprised by the results so far themselves. If any of you have ever sailed then you know that you have to adjust sail when the wind changes direction.

Maybe just maybe they are adjusting sail right now, not the end of the story, just adjusting sail.


Bullboard Posts