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 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

Novo Resources Corp

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Comment by Fabrix72on Nov 01, 2018 7:00pm

60 Views

Post# 28911305

RE:RE:RE:RE:RE:Wake me up next year !

Agree with you!

BlackHawk7 wrote: Fabrix72, I think the stock is pretty washed out myself. Could be just a little more downside action with some tax loss selling but I wouldn't suspect it would be anything dramatic. I expect a bottom in here soon and then just a sideways go nowhere sort of action that creates a good solid bottom or base for the stock. That would be a good time to accumulate when youi see that sideways go no where action taking place IMO.

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