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 Redflameon Apr 09, 2018 10:51am

187 Views

Post# 27852574

Thoughts

Still holding. Lack of insider buying is puzzling - a guess is they're waiting to see the bulk sample results just like we are. What's motivating those selling May 4, 2019 warrants? Over 3 million exercised a year in advance. Could be they need the money and/or don't want to risk what the bulk sample results will show. Keep hoping for some news on down-dip drilling - What's holding it up? If Comet Wells and down-dip turn out to be a dud then Hennigh will be the biggest villian since Bre-X. Miss your posts Iskyhigh.

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