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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 6,700 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 lithium joint ventures with both Liatam and 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 springinhetveldon Jun 06, 2018 5:06pm
387 Views
Post# 28135439

Tx request

Tx requestTo honor Tx request here my holdings and some background.

I am mainly a lithium investor and a little bit of cobalt. Know little to nothing about gold but loved the whole gold and QH story. Love the "quest" QH is at. And all this stuff about gold sh!tting bacteria +3billion years ago I really enjoyed reading about that and all the related and counter theories. So when this started last year in July I took a small position for fun.

40000 ARV @0.11$ bought im Feb/March 2017 because of the cobalt well before the gold story
5000 NVO @0.90$ just for fun in Jul 2017
60000 PAC @0.48$ last week after the big drop of the SP.

I missed the emergence of PAC completely but now it is my largest holding. The last week drop of the SP of both NVO and PAC was way too much. Decided that PAC offered the most upside potential short term and also since I did not have them. Planning to sell 40000 when it had doubled, i.e. around 0.96$

Bullboard Posts