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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
Post by Icarusonfireon Feb 20, 2019 4:06pm
259 Views
Post# 29390238

Disappointing day

Disappointing day
Whoa Nellie.   What a disappointing day. Down over 2% the day BEFORE one of the (potentially) biggest market moving news releases EVER.  There is much hope and excitement on the line. This does not bode well for the announcement tomorrow being positive,  my friends.  Insiders ALWAYS spill the beans to their closest buddies!   Someone leaked some disheartening news,  or the volume would not have been 50% higher than normal with this, one day, substantial decline in price.

This boy has floated all of my pilbara pigs for months....I sure hope I"m wrong and this is just a normal retracement after an outrageous runup.....We'll see.

I'm not feeling good about tomorrow, after the action today.
Icarus

Bullboard Posts