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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 Rroozeon Feb 20, 2018 2:30pm
112 Views
Post# 27589022

RE:RE:RE:RE:RE:RE:RE:It doesn't matter what we think its the street players that

RE:RE:RE:RE:RE:RE:RE:It doesn't matter what we think its the street players that
oldfx1 wrote: just basic charting skills needed....its not rocket science....just following positive vs negative capital flows.

Buy signal on the Weekly chart off a SMA @ 8 early July @ $1.25 with first sell signal in Nov @ $7 with no buy signal these past 14 weeks....waiting for a weekly close above SMA@8 oPwhich today is $3.38 if so I will buy 1/2 position and a full position with a close above resistance at call it $4.00 an area holding back NVO for 9 weeks! ....if NVO falls back below the SMA@8 I'm back in cash.....the biggest risk is a trading halt as a positive with a fantastic data report gapping NVO shares up after trading continues but then I have the wind at my back confirmation and on the flip side a negative trading halt news release gaps the price lower,,,,thats the biggest risk for us all

https://tinyurl.com/yb7pefvg 


looks like a buy signal
Bullboard Posts