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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 Rocker66on Feb 27, 2018 1:34pm
128 Views
Post# 27630012

RE:RE:RE:RE:RE:RE:RE:This move is not a surprise !

RE:RE:RE:RE:RE:RE:RE:This move is not a surprise !Silverware, that nervousness you talk about is what I refer to as sentiment and I can tell you these boards are a very good relection of sentiment. I thought the posters here were going to form a lynching party and go after Hennigh. That sentiment is also part of what I refer to as TA, its not a chart but it is an indicator that can be factor in with many other tools. I was looking for the price to go lower but when the right signs started to show up then I had to drop any bias and go with the information at hand.

Some times that gut feel that you are at a bottom can be spot on if you've had a lot of experience with it and have been successful, but then I've seen plenty of people feel in their bones that they were at a bottom only to see the prices continue lower. This is why I use indicators to tell me when the collective sentiment is at a top or a bottom.
Bullboard Posts