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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 May 13, 2018 7:39pm
213 Views
Post# 28024471

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Brent Cook's Evaluation of Novo

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Brent Cook's Evaluation of NovoSpeaking of QH, ES, BC and who you should put your faith in as far as experise consider this for a moment. Is Eric Sprott  “Midas” and does everything he touches turn to gold ? Let’s take a look at just two examples of his investments. Here is an actual quote form him:

“Another example is San Gold it has a market cap of $64M. We recently bought a private placement here, where we paid 2.5% of the five-year high in this producer. That's how desperately underperforming that equity was and a lot of equities are in this market—2.5% of its previous five-year high. Same analysis, with a $64M market cap, production of 85,000 oz, and potential profit of $83M, the stock can go to $830M. You have a 1,200% gain, hopefully in a year. And it's the in-a-year part that to me represents the opportunity of a lifetime.”

The stock is at .00002

Also look at Golden Band, another of his picks to make a fortune, it has gone to nothing.

The man may be a billionaire but he is not Midas, everything he touches does not turn to gold. People have to think for themselves and not just ride someone’s coat tails.

I own Novo but my decision was NOT based on the simple fact ES was a big player in the stock, there is more to it than just him IMO.
Bullboard Posts