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 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

Novo Resources Corp

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Post by JintsuGehanon Jul 16, 2018 2:29pm

207 Views

Post# 28322520

Told you the opportunity cost of holding this..

Reality sets in as KL is over $ 30.20 CAD. Why would anyone want to be in a dead stock like NVO where the downtrend is intact since May 31st?? No clue. Production years away in NVO. And to re-iterate, KL's trading has totally broken away from NVO since months now. The market has already discounted the $ 76 M as "an investment"....this can go to $ 1 and KL would still keep climbing. Reality hurts those who preach BS against 0 fundamentals and technicals and a massively inflated market cap. JIN KL Shareholder

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