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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 PulpCutteron Sep 18, 2018 8:14am
91 Views
Post# 28637856

RE:RE:BS all around

RE:RE:BS all aroundThe way the scam (IMO) works is simple, and it's the same way venture capital in high-tech makes its money.  Venture capital buys into a start-up, creating a sense of legitimacy to the start-up's technology.  Next, gullible retail investors figure that, if the start-up's technology is actually going to do what it claims, then they've got to buy a piece of the action before the technology is proven and the share price skyrockets.  The scam doesn't work every time.  But because the vencaps get in so cheaply (e.g., 80 cents/share), the odds are in their favor, if they're good at creating the atmosphere of a "gotta get it quick before it gets bid up" story.
Bullboard Posts