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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 26, 2018 6:07am
245 Views
Post# 27438535

Local newsletter writer recommends novo

Local newsletter writer recommends novoA local kind of newsletter writer gave an update on novo, also indicating that the bottom is probably in. And its a good time to add, or initiate a position around 3 is a bargain according to him. He also said that untill the end of feb there are some warrants expiring, so we might get some more temporary setbacks. If so they should be seen as buying opportunities.

I would recommend to try and buy some near yesterday's close, if it drops to 2.75 ish territory, load up the truck! Although i think we will see novo back near 4 soon. Some resistance around 3.3 first then 3.6 and 4.
Bullboard Posts