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 MandalorianFetton May 22, 2020 6:14pm

38 Views

Post# 31063140

RE:RE:RE:RE:I was wondering Tx

TXRogers wrote:

MandalorianFett wrote:

firewitch wrote:

MandalorianFett wrote:
If Robert is right and anything 10 years out and more is discounted to zero by the market and say nvo doesnt produce what it does have for the next 10 years because they are testing this and that, then does it mean nvo is worth nothing? Im just thinking out loud.

Fettso

What time zone are you operating in Fettso ? Do you realise our manager may just be getting up to enjoy a Saturday morning breakfast . I am wondering if he has cornflakes . You obviously realise that cornflakes are a breafast cereal made by toasting flakes of corn . Bad timing Fettso . Bad mistake . I am going to have to call you Toxic Fetts (Im sure Robert would approve!) if you go on like this . I am even going to have to mend your rotten ways :-))
FW

Im just trying to start him off on the right foot fw. Now a question for you also. These sorting machines supposedly run 40 tph. But they ran 5 tonne samples through each machine and it took 5 months to do that. Say 30.5 days in a month. So how many tph did those machines really do?

Fetts

Again, I don't really see the purpose behind that kind of math.

First you develop the process, the application methodology for your needs. On a trial basis.

When you are satisfied with the final equipment specifications suited for your needs, you commission the machinery to be constructed to accommodate the task and the desired scale.

It is the story of Flight: How a Cessna 150 can morph into a C-5 Galaxy or a B-52. Equipment based on the same fundamental principles, but customized to fulfill the customer needs.

It's not an off-the-shelf arthritic exercise yet.

That will all come when the carpet bombing is ready to commence. Then the impact can be measured and adjusted.

Tx

I suppose the purpose is to figure out in how many years from now actual mining is expected to commence. You are far too logical in your thinking for happy hour Tx:)

Fettzer

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