Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Jan 10, 2018 6:52pm
228 Views
Post# 27328855

RE:RE:RE:RE:RE:RE:Why the Conference Call Now ??????

RE:RE:RE:RE:RE:RE:Why the Conference Call Now ??????oldgoldz, I'm not down on QH or the potential for the Pilbara. It is obvious that there is gold there. Its also obvious, at least to me, that the original theory isn't what QH is actually seeing and that he is scrambling to figure out the geology, but that does not mean there is not a minable resource.

Everyone had their heart set on the BIGGER THAN WITS story, well it may be bigger or it may be smaller or heaven forbid it may just be another workable gold formation. De Grey knows they have 1.2 million oz without the conglomerates which they fully intend to mine. So if the conglomerate is not as rich as everyone had hoped for, but there is still gold there, and we know there is gold at ground level, this still has all the potential of a economically feasible gold mine, BUT it may not be the MOTHERLODE everyone was hoping for.

So again with out some news to keep the troops all charged up the price is going to most likely decline to a level that matches the actual reality instead of the hoped for bonanza. Then if and when they can figure out where the gold came from, what the actual resource is in a grade and how to mine it, then we will most likely see a business enterprise, but in the mean time the pendelum has swung from Euphoria to Dispair and that dispair can lead to capitualtion if they have more vague or bad news.  Myself I would like to see a big move down so I can buy more because I know there is gold there, the big question is how much ????? 
Bullboard Posts