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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 wwadehammeron Jun 16, 2018 10:32pm
165 Views
Post# 28182493

RE:RE:RE:RE:RE:RE:What ever happened to Baby Jane-Novo?

RE:RE:RE:RE:RE:RE:What ever happened to Baby Jane-Novo?
TXRogers wrote:
MyCatsBiatch wrote:
TXRogers wrote:
The news often comes from several places. NRs are closing events summarizing a duration of events to the public all well known to management in advance. And, it has been coming from "the sisters" as well. Now, we'll see which ones will stand. Junior Exploration stocks ascend or collapse long before mining. It will be corporate news that propels us in the near future where CONTROL is the more precious commodity. Tx

So to be clear, your view that we are on the eve of the ascendancy of Baby Jane Novo is based on her control of the prize vs her valuation as reflected in the share price. Correct?

I seek clarification because your use of "on the eve" implies time and more specifically time in the short run. You are speaking of control of the prize as a whole and that may be true but many will interpret being "on the eve of ascendancy" as being something reflected not in terms of control but rather in the share price and it appears that's not what you intend. The Novo NRs have been much criticized for lacking in setting proper expectations so clarity is much needed. I hope to provide the same regarding your posts.

Regards,
MCB



Sure MCB. It's a comment from the higher vantage point of view. NVO drives the story, but it is a component of a larger integrated machine. When ES starts to unabashedly shore up NVO (the crown jewel), it's because the story is finally ready to lurch forward to the next phase. Not just the NVO story, but the whole integrated machine. Open market purchases at this rate and level are leading indicators that the corporation as a whole is about to advance. And it will be accompanied by even more non-direct flanking operations to secure more prospect. It's a pattern of seemingly separate moving parts that will eventually come together as one. Baby Jane is gone. Tx


The Baby jane Geo's have been active in the Western Pilbara for over a year.  Either the Geo's didn't find anything like Comet Wells or Novo has sat on the information giving ES time to buy what he wants at cheap prices.  Comet Wells/Beaton's Creek support todays SP but other finds or increasing the size of Comet Wells are needed to drive the SP higher.  ES buying supports the idea that major news is coming over the next several months.

Bullboard Posts