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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
Post by LiquidForumon Jul 01, 2018 1:45pm
153 Views
Post# 28257311

Market Cap

Market CapDespite all the rhetoric on the boards and the long term potential of Pilbara gold NVO needs to release hard facts very soon or the odds of a share price collapse greatly improve. Seems like it is inevitable and over due with all the delays, change of courses, inept promises, lack of data, generally confused & poor guidance. I certainly see potential but red flags are flying everywhere in this STOREY. Will we get into the non-fiction section soon? Should be some great opportuites to add or create a position in near term.
Bullboard Posts