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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 springinhetveldon Aug 11, 2018 3:13am
206 Views
Post# 28444094

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ok Guys…I Really Hope This is it…

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ok Guys…I Really Hope This is it…
goldminer01 wrote: PAC doing great no doubt, they are buying hundreds of sq km all over the gold territories.  
The sellers must be dumb as rocks, but who really cares what they think ?


The sellers are not dumb! Think they have little choice! Clearly this is meanwhile a "muscle" game where behind the screens all the ES's of the gold world are hunting for lands. Seems that pacton is offering the best deals. And also just think about who would fund a small broke exploration company which is surrounded by ES, Novo, PAC, KL, etc..... Not much room left here for small explorers. They will be all taken out. So getting a few million PAC shares for you kangaroo-pasture is certainly not to bad of a deal. If PAC follows NVO the SP could easily go to $10. So 2mil shares will be easily worth 20mil. Significantly more than the MC of most Aussie explorers.
Bullboard Posts