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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 Feb 20, 2018 11:15am
150 Views
Post# 27587343

RE:RE:Am i missing something?

RE:RE:Am i missing something?
Rrooze wrote:
Monkeydonkey wrote: Am i missing something here? The interview with kereport gave me a lot of great info. Market seems to disagree. Or is it just because the interview was released over the weekend, and investors have already forgotten about it?

I only see one slightly negative thing, that the rocks seem to be very hard at the bottom of the second layer. But lots of great info is on the move... I just dont see how novo isnt gonna trade over 10cad this year. And i dont see how KL isnt gonna buy novo later this year or early next...

Could be my mistake of course... The market has the last say, and for now, i am wrong... But i continue to add as long as i am "wrong".

GL


The interview led me to buy some extra shares before the open. Only a handful investors really listen to these interviews and read these boards. I'm not worried about low volume today, I was happy to still being able to buy sub 4.


Seems so... Although last time we popped 20% on high volume based on an interview. Most times when novo shoots up, it start after 2-3 hours of trading. So it could still happen today. Really surprised by the lack of action. But good to see oldfx here, novo is at an interesting technical level. And once it gets over that 3.75-3.85 resistance the other trader will jump on and take novo close to 6. Us fundamentalists buy before the technical levels play out... And the fundamentals are awesome here!
Bullboard Posts