Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

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

Novo Resources Corp

Bullboard Posts

Comment by B2moiston Feb 02, 2018 9:56am

246 Views

Post# 27488105

RE:RE:If NVO's price could go up quite a bit now, that would help

Interesting how people lose the sense of relativity in their grandiose posts.

The latest touts of "large correction" are ridiculous. After the share price drops from $7.50 to $2.50 a recovery to $3.50 is not a question of sudden untold news or dramatic speculations. It is a simple matter of overselling coming to an end and either intereseted investors finding a buying point looking at the charts or existing investors that havent sold averaging down or simply wanting more.

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