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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 Millskingon Jan 13, 2018 8:03am
163 Views
Post# 27348519

RE:RE:RE:RE:RE:RE:RE:A Question For You Conspiracy Theorists

RE:RE:RE:RE:RE:RE:RE:A Question For You Conspiracy Theorists
Rhino10 wrote: TX  You said it in one - exactly my sentiments.  I think DL is so arrogant and so self assured  he is letting QH stew - why I sold down because the ARV share price wont hold up given the time frames before anything newsworthy is reported. Conversely I think QH is relying on Comet Well to accelerate the news flow for Novo. The momentum has swung to Novo but given they have no way of processing the 10,000 tonnes I doubt news on diamond drilling or trenching will be enough to hold the Novo share price up except for the 'fortification' you mention with which I agree. 

Given it will be a long time before any bulk sampling -mining results are forthcoming for either Purdys or Comet Well -the lab samples wont do the trick - everyone then is dependent on stunning exploration news !  The trenches along strike at Purdys obviously did not come up trumps -looks like Purdys is closed off - so everyone better hope Comet Well has a longer and richer strike length -including depth and is gold bearing down dip.  

Why QH and DL denigrate emerging explorers like Kairos will come back to bite them where the sun dont shine  - they are operating on granted Exploration Licences exactly the same as Novo and Artemis. The others can ramp up a discovery just as quickly as  Novo or ARV. The only advantage ARV have is the Radio Hill plant but would not take long to install a big gravity plant at the Venturex mine at Whim Creek which has the backing of Northern Star with 20% of the stock -- right up there with Kirkland any day of the week.  So many people in Australia and Canada are lacking real information -

The jury is out - lets hope for the entire Pilbara conglomerate gold story Comet Well is a bonanza -then all the hard work begins.Cheers 

Rhino I understand your frustration and I respect both yourself and TX , always the first posts I go to but out of all the juniors reporting they comg gold how many have actually done anything apart from novo and arv ?? None? have any approach you for plant? 
Bullboard Posts