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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 Kelso99on Apr 16, 2019 8:35pm
100 Views
Post# 29636567

RE:RE:RE:RE:RE:RE:Suckers Believe Moriaty's Porky Pies!

RE:RE:RE:RE:RE:RE:Suckers Believe Moriaty's Porky Pies!
Hi Fabrix, here is the original point I was making a counter-argument to:

"So let me get this straight. You know more about the mining industry than the management teams of?  Both K.L.& Newmont and Others?"

That was another poster.  I was just pointing out that KL and ES' past investment may not indicate that they still believe NVO to be good value based on new information.  I agree that KL, ES, NEM, etc., are in a better position to assess an investment in NVO than anyone on this board.  However, the fact that they invested a while back does not mean we should suspend all skepticism in evaluating this stock.  I would also note that while KL invested, NEM decreased their position, so smarter people than you and I can disagree on this stock as well.
Bullboard Posts