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

Bullboard Posts

Comment by JintsuGehanon Jul 17, 2018 10:51pm

127 Views

Post# 28330859

RE:RE:RE:RE:just received email

And because KL trades completely uncorrelated to NVO, I truly don't care what happens to NVO at this stage this is beyond junior and high-risk. Fortunately KL is making $ 53 M + net income so can absorb these types of invesments or as I call it betting on zero at the roulette table.

The market has clearly already discounted NVO out of KL's valuation as a "one off investment".

But I'd be tempted to buy towards its true intrinsic value down the road, which we have yet to see as the downtrend began May 31st and is intact.

JIN
KL Shareholder

JintsuGehan wrote: That's ridiculous tx. This is a mining stock that needs to yield tangible geological results for all relevant stakeholders.

To make a statement that there should be "more good old fashioned marketing and high impact promotion" is absurd. This not some newsletter daily pick. Or at least it was, but as you and others keep saying, they are so much more....still to see.

Let's see some #s. Plum62 is totally right, completely selective research.

The hype has left the beginning as of November 2017 when shares peaked at $ 8.80. Denver is long over...you can replay the video to re-live the hype.

banned/toldyousohaha is right, you're beginning to sound like a preacher and there's no room for emotion and babble in this business. Capitalism 101.

They better get those assays out soon. Anything bad, and ES won't be able to support share price. SP can't take another hit like what happened May 31st. Although would be nice to pick up some for $ 2 which is getting closer to true intrinsic value.

JIN
KL Shareholder

TXRogers wrote:

Plum62 wrote: Looks like the author cut and pasted the kaiser list from N through Z, starting with Novo and therefore omitting beauties like De Grey, Kairos, and yes, most every Novo shareholders nemesis .... Artemis. Selective research at it's best. GLTA

I don't believe this is "selective research at it's best". What we all need to see is more business savvy anchored on the current research. From all qualified sources.

This story could use a lot more good old fashinioned marketing and high impact promotion. It's nice to see it when it comes up.

Tx