Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

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

Novo Resources Corp

Bullboard Posts

Post by Heywood_Silverson Jun 12, 2018 11:40pm

125 Views

Post# 28163474

A bird in the hand is worth two in the Outback

Some serious bargains going on right now in the PM junior world. Many with sizable, proven deposits. You can take the sure thing at a discount or roll the dice with the what-ifs in the Outback.

When does investing start to become gambling? Maybe when one starts to forget what the old adage about a bird in the hands signifies.....

If anyone here has more than 10% of their portfolio in NOVO it had better be with house money.

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