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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
Post by Monkeydonkeyon Jan 02, 2018 10:11am
326 Views
Post# 27260708

What can we expect here?

What can we expect here?I think its pretty safe to assume we get news by end of the week or early next week. A lot of important results coming in. IF novo can keep on averaging around 30gpt we might see new highs soon (although that might seem strange for most with sentiment down the drain).
I am most interested in knowing more than just bulk sample results, i want to know the exact place where the sample was taken! Because the foto's didnt point to only 40cm of high grade gold, i still think it will vary between 0 and say 5m.

I would be interested in knowing if ES is allowed to buy shares, so close to important news releases. (can someone tell me?)

On the other hand, i keep being a little "affraid" that KL might scoop novo up on the "cheap" (most would find it to expensive, i dont). KL is setting new highs as we speak, set up is good imo. (although again, they probably want to wait for more hard data, the data is on the move!

For today, lets break 4cad, could run to 5cad in no time! I loaded up to a full position under 3cad...
For those who havent, maybe swapping KL for novo is a good idea, although i think KL will go up 10% this week (novo might/should outperform on the coming news)
Bullboard Posts