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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
Comment by JintsuGehanon Jun 12, 2018 9:57am
121 Views
Post# 28158960

RE:RE:RE:RE :RE:RE:JV from KL or a major coming ?

RE:RE:RE:RE :RE:RE:JV from KL or a major coming ?George Ogilvie was a superb operator of the Ontario properties. Harry Dobson is a legend. They brought KL out from the abyss the few years prior to Tony coming in. Tony is also great, but Ogilvie should be given credit where due. Of course ES would love to consolidate the Australian region into a mining powerhouse. It doesn't take a genius to see this. All people are saying is more DUE DILIGENCE and actual stable drilling results should be in order. No emotion, just business. Obviously as a KL shareholder with exposure to Novo, I would like Novo's SP to rise significantly. I am just saying KL has invested close to $ 100 M and now needs to focus on organic growth within itself. JIN
firewitch wrote: Kimberley, Cardinal, Tx ..all excellent posts. Rhino,a short trip down memory lane as to how we all got here .It may be of some interest for you to cast your mind back to 2012 when Lake Shore Gold entered into an agreement with Sprott resource lending for a credit facility totalling $70 million.The said Tony Makuch was the then president and Ceo of Lakeshore. Fast forward to June 2016 when George Ogilvie resigned from Kirkland lake and the board of directors appointed Tony Makuch as chief executive officer. Do you recall who became chairman of Kirkland lake in Feb 2015?   Eric Sprott, who replaced Harry  Dobson. If you had been paying attention you would have been aware of all the above . Also enter QH who Sprott used as a geological consultant on the Foster mine with fantastic results ... Do you see any pattern here .?Sprott is thinking big and strategically as an accountant. Have a listen to Sprotts keynote speach at Jekyll Island last year . Any decision making around that carved oak table at KL HQ will be led by Eric Sprott .  Continue charging by all means ..you do have a valuable part to play ,your knowledge and enthusiastic energy is enormous ,  So keep charging if you must but stop barking ! IMHO you are barking up the wrong tree and missing the corporate picture completely . Dogs bark not rhinos . Or is that another unknown known ?


Bullboard Posts