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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 BASTILLEDAY4Uon Jan 15, 2018 1:22pm
198 Views
Post# 27360325

RE:RE:Trading lower on low volume again

RE:RE:Trading lower on low volume againThis is how Wall street operated leading up to the last meltdown, devise products that were so complicated, investors could not question them. Sprott seems to have read that playbook, I been asking for several weeks now why the Novo balance sheet cash column needed to be inflated into the millions when the competition operates on a shoe string budget with what appears to be doing the same thing and achieving more sucess. I have yet to receive an answer. 
Bullboard Posts