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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 Monkeydonkeyon Jan 24, 2018 4:51pm
238 Views
Post# 27427160

RE:Novo looks very sick

RE:Novo looks very sick
sandiegoman wrote: Don't waste your money chasing it down. That is a fools game. The best advice is that whenever you have an investment that is down 10% sell it all. Don't try and average down. It is a sure way to lose your butt.


Oh and always use a stop loss for it. MM's love those in high risk plays.
Seriously dude... If you sell every investment that is down 10% you gotta be very very lucky to make some money, especcially in this sector!!!

Bottom seems in, i was looking at fibonnaci retracement a while ago, never thought we would reach 76.4%.
Looking forward to tomorrows trading session! And to news, because that is what matters for this story.
Bullboard Posts