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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
Post by Icarusonfireon Apr 25, 2018 11:43am
285 Views
Post# 27938154

Another non news....news release

Another non news....news releaseThese Novo stockholder hits just keep on coming.  To set up your shareholders like Novo has done over these past 6 months is unconscionable!

When are the assays?  The five ton assays?  First November, then December, then January, then March, then April, and now the end of May.  You gotta be kidding me!!!!  Are these guys a bunch of clowns or what?  And to put out a news release that says ABSOLUTELY NOTHING, (doesn't even give you ONE gold content reading on ONE sample!)  when the Chairman gets all giddy at a conference the beginning of this week, stating that there will be exciting news by the end of the month.....is criminal.  Literally criminal.  Talk about dispensing false information to the markets!

Someone needs to be fired at this point in time if this is all we get.  Take your pick.  Leo?  Rob?  Quinton?

I"ve owned stock in companies run by shysters, crooks, liars, and criminals, that put out better, more reliable releases than this company.

I get that you are having problems with the hard rock.  I get that there is no assay lab that can handle so much rock sample material. I get it that this resource is different, and delineated mostly by trial and error. What I don't get is the total, irresponsible, lack of accurate news EXPLAINING WHAT IS GOING ON! The misdirection.  The false information.  And the inability to attempt to solve the same problems you had 9 months ago.  The uninitiated can easily get the impression that these guys are a bunch of wayward kids, playing in a sandbox, with 70 million dollars!!!

This release tells us NOTHING....like many releases before it.  And once again it leaves us stockholders guessing as to what the he11 is going on.  For even this sample, is it 10 gpt? 12 gpt? 15 gpt?  30 gpt? And we STILL don't know squat about the Purdy's Reward rocks sent off 6 friggin months ago.  Holding back on actionable information (which is illegal), Mr Novo?

They sure came up with the 67/82 gpt assays back in August pretty quickly, didn't they!!!

Can you tell that I'm a little bit upset?
Back to the two's by mid May, my friends (if this is all the crumbs we get),
Icarus

I'm out.  This was the final straw.  My measly 50,000 shares are sold as soon as I can get the word out to all the friends and relatives I put in this one...Rhino, you were right all along!
Bullboard Posts