Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by sonofeion Jul 05, 2018 2:06am
244 Views
Post# 28270669

RE:RE:RE:Are we in the middle of Hurricane Novo?

RE:RE:RE:Are we in the middle of Hurricane Novo?
TXRogers wrote:
allenbow wrote: Hi Tx,

With regard to your mouth-watering category of cyclone estimations in terms of gold ounces,  and while we (the royal we as in shareholders we) have pretty well established strike at around 7km for CW, and 3-4 meters depth seems reasonable roo, but have we established anything for 'continuous width'?  I am not sure that we have.  Kairos did establish for them a width of continuous conglomerate width of 250 meters 
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2230-asx/kai/38074-kairos-minerals-identifies-gold-in-pilbara-conglomerates-at-mt-croydon-project.html  
 
but  I don’t recall or cannot find where we did the same or better.

I’m asking if a 2000 meter width, a full 2 km, as width along the strike length, is at all realistic in your calcs and then categories of cyclones estimations?  If we take 250meters or even 500 meters we still get nice figures and perhaps more reasonable at this stage, no?  I am hopeful you can point to the 2Km. I have actually been through a number of Hurricanes of the Atlantic clockwise SOB variety  including a four and fiver.  For this I want a six as retribution for the pain in the butt others. Counterclockwise Cyclone or clockwise Hurricane, I don’t really care but I want an off the chart 6.
 
TIA and cheers br />


Hi AB. I really cannot be firm with the figures of mineralized rock and grade. Hence why the wide variations in estimates. But it is uncanny how NVO started throwing figures of 8 - 10 million ounces as far back as last April. And we know they exhibit conservative behavior. And they have consistently stuck by strike lengths and visible gold detected everywhere. Now, they start to publicly disclose continuity. And the money and corporate activities have increased throughout the whole time. They continue unabated . It's a speculative junior resource play, but it's leaving clues of Category 5 all over the place. Tx


Impatient investors selling now will be kicking themselves very soon, and it’ll get worse as the story keeps building.  A hurricane that will go down in history.


Bullboard Posts

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse