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 Rocker66on Feb 27, 2018 1:50pm

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Post# 27630166

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

allenbow, I'll repeat this again Tecnical Analysis should NOT be used in a vacuum. For that matter IMO Fundamental Analysis should not be use in a vacuum. The markets are very complicated and are subject to disappointments and suprises that no one sees coming in many instances. However there are other times that information gets out to the right sources before it breaks out in the news, that is what I look for in TA. Also in full disclosure I will once again state that TA is not the Holy Grail, it is not Perfect. IMO you need every tool at your disposal to try and determine how to play this game of Stock Market Russian Roulette.

Bullboard Posts

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