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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 Mar 05, 2018 3:17pm
114 Views
Post# 27663142

RE:RE:RE:RE:RE:RE:RE:poetry in motion

RE:RE:RE:RE:RE:RE:RE:poetry in motionallenbow, When it comes to investing IMO you have to start with the fundamentals that is a given. If you don't understand what the company is all about then why bother to be in it at all. All TA does is monitor the footprint of thousands of investors. No one buys a companies stock without having some kind of a perception, belief, hope of what that companies future is going to be. Likewise no one sells unless they have decided the price is too high, that things aren't working out, there are problems or that they have lost the original vision. All of these investors perceptions show up collective and can be monitored by various indicators. So do we need to discuss the fundamentals, absolutely, but for me being able to get a clear direction of the trend of the stock and knowing when it is completely overpriced or underpriced make the difference between buying the stock for .63 or buying it for 8.50 as way to many people did with Novo.
Bullboard Posts