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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 doscoon Nov 18, 2020 2:33am
105 Views
Post# 31920390

RE:Another Person's Opinion

RE:Another Person's Opinionvery well done.
true is, that we cant calc ress for the sorters allone... that could be from 1 to 20 mio ounces...wtf knows... but to zero value it after the very very positive sorter testing with material from the site is... lets say... conservative to st.upid.
if we show 1 mio, we know its open to whatever and means 1 bio capex for each mio at least.
that is just mindblowing for analysts living with just paper around...in a celler like presidents nowadays...
Bullboard Posts