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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 honkytonkgirl1on May 30, 2018 6:44pm
440 Views
Post# 28102061

RE:Simply amazing comments by W. MiddleKoop today on $NVO today

RE:Simply amazing comments by W. MiddleKoop today on $NVO todayJust finished listening to Willem, below the highlights:


* Commodity Discover Fund (CDF) still heavily invested in Pilbara

* Equal amount of money invested in Novo and Artemis and these are CDF's main investments

* Positions in 6 other companies of which investments in De Grey and Kairos are "substantial"
and Marindi "small"".

* WM: "I have never seen anything this sensational in my life"

* Comet Well can be followed on the surface for 8 km …. we know here is 10M ounce but it may get to 20M.

* Some first samples have produced 35gr gpt ounce
* conglomerates of up to 16 m

* QH: Within 2 years we will be in production

* On the Artemis take out: Willem stated that the CDF wants at least $1 for Artemis take out, and will not sell below this price.

* Artemis may start “test production”… they have all permits in place and Artemis may beat Novo in the production department...


greetz,

HTG
Bullboard Posts