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

Post by skott4Goldon Apr 08, 2018 5:06pm

273 Views

Post# 27850053

Another Quinton Hennigh Project. More bang for you buck

While we wait for QH to sort things out why not take a look at another of his projects...Irving Resources. Novo may have a lot of gold but you have to look at market cap now compared to what it could eventually be. For novo to go up by 40 fold would require it to be 25-30 billion company. That is rarified territory. It will be taken over long before that at maybe $10/share. For Irving to go up 40 fold it would only be a 2 billion $ company. Read this article and look at the corporate presentation. Irving article by Bob Moriarity As for novo, I'm still waiting to buy back. Hopefully not waiting too long

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario