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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 6,700 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 lithium joint ventures with both Liatam and 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

Comment by EddieVanRipon Oct 07, 2020 3:41pm
96 Views
Post# 31681442

RE:RE:RE:RE:RE:Jumpin on Jennifer

RE:RE:RE:RE:RE:Jumpin on Jennifer
mrbubba wrote: Something tells me QH would not even think about taking $5.00 pe share - after all the work he has put into this and the approx. 1,000,000 oz we already have this stock is worth right at about 5.00 per share. $5.00 would therefore NOT be counting any potential for gold price appreciation over the next couple of years, not to mention the Egina potential and the rest of the 14,000 sq km. No dice.

$35.00? yes, maybe.

Have you anything of substance to back up a current valuation of $5.00 or can you confirm the economics leading to  a $35 future valuation? If not you belong over on ceo. WG will be disappointed to know that you have won my favorite arsekisser of the day award if not.


Eddie
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