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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 Silverwhereon Jun 14, 2018 6:39pm
100 Views
Post# 28175029

RE:RE:RE:RE:RE:Where have all the BS Pumpers gone!?!

RE:RE:RE:RE:RE:Where have all the BS Pumpers gone!?!
Silverwhere wrote:
BlackHawk7 wrote: Silverhwhere, I don't know how you are reading fear mongering into what I have said today. I have stated that NVO plain and simply does not do a good job of keeping the stockholders informed as to where they are headed and in what time frame that is my main point plain and simple.

I understand that when people have their cash on the line that they want to think positive, if they didn't then they would be inclined to sell. That being said I do see a lot of people who make ridiculous statements by stating things like on the next NR the SP is going to $10. Call that whatever you want pumping, over optimism, or whatever, it is not grounded in sound logical thinking, not when you study what QH has stated in the Red Cloud Conference Call.

I am long but I do not have blinders on, I’m neither a cheerleader nor a distractor, I’m a realist and a realist has to look at all of the facts whether he likes them or not. I have never in any of my post said to buy or sell the stock, I just try to look at what is going on objectively.
Go back and look at some of the post from Autumn of last year and I can tell you without question there were plenty of shoe shine boys on this board.

I am long but I am very disappointed in the way QH or Leo or whoever is running their investor relations is handling the flow of information to shareholders, that is something that if you don’t see it then……well I don’t know what to say.
 


... Hey, I absolutely agree that something has to be done to improve how Novo communicates with its shareholders. Nano cap companies with tiny tiny tiny market caps (below 50 million) are doing a far better job. Like you, I'm waiting for this IR amateur hour to end . . . As for the Novo shoeshine boys: the true definition of these rookies will be obvious starting at $50 - $100 per share maybe? Not $8 - $9.


Personally, I don't mind a few splashes of TA reality - in moderation; presented a little more politely would be even better! TA is a tool & not THE ONLY way to prosperity. YES we Fundies could all use more TA in our lives that's for sure i.e. we need rain too, not just sunshine. The TA rain did not stop me from buying a few more Fundie umbrellas today.
Bullboard Posts