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

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Post by BillSmith9on Jun 13, 2018 7:53am

129 Views

Post# 28163960

Novo is a fish that swims in a river current

Will the river current change today? It has the potential to change.

Some say we'll have the equivalent of news today. I don't know, but I will watch.

Around 2:15 Eastern time in the U.S. The Federal Reserve is expected to announce a small increase in short term rates. We shall see.

Some say markets pay too much attention to The Fed. Maybe. But the price of gold can be one such market.

The river current is the price of gold. For a fish like Novo, it can make the difference between swimming against the river current, and swimming with the current. I'll be watching. So will others.

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