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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 Traderdmon Jul 29, 2018 11:53pm
231 Views
Post# 28383759

RE:RE:Late night Novo musings...

RE:RE:Late night Novo musings... Next week we have the two conferences in Australia, which Q H/Novo will be presenting. 
 
There is tremendous anticipation on the 3 sites I watch that Novo will release assay results from the long awaited samples. 
 
At this point I don’t see any rational for this wish/hope.  No one really knows what Novo’s game plan is and maybe releasing data before these conferences is not part of their plan.  Keep in mind that selling stock at this point moves stock from weak hands into strong hands, to unwind retail investors at this point might be an object, a possibility, so selling now should be carefully examined on rational merits and not on emotions.
 
So please, if news isn’t released. Lets not attempt to destroy each other because our anticipation of news is again set back.  In the long run:  weeks, months, years we will all be rewarded by holding these positions in NOVO or PAC or DEG or ARV or ….  It’s just that it might take longer than we want.  Lets hope for a N R!!! but not count on it!!! 
Bullboard Posts