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 Sandiegobannedon Nov 08, 2018 12:07pm

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Post# 28944495

RE:RE:OT - Gold Stuck in a Channel

Thanks for the tip. I just watched his interview with Grant Williams (Interest Rate Forecaster newsletter author). He is predicting one last push higher in the second half of this year (he was interviewed in April) and then downward in 2019 and 2020. He said 2019 will be the big turning point. Interesting and I agree since that is when there will be Quantitative tightening by the US and the EU will have stopped their purchases.

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