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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

Post by mrbubbaon Dec 17, 2020 9:53am
133 Views
Post# 32127195

US DOLLAR GOING DOWN!

US DOLLAR GOING DOWN!Below 90.00 now - I'm not surprised, because of the potential "Christmas present" in the form of "free money" coming from the US federal government. This CAN'T be good for our economy, right? Asking for a friend.

https://www.marketwatch.com/investing/index/dxy

I find myself in the same shoes I used to be in back in the days of college - betting against the home team, and usually crying all the way to the bank (or not). The simple truth is our fortunes are inversely related with the US economy. If things simply stay the same, we'll be OK (Novo will do just fine). But something tells me Biden/Democrats will not be able to help themselves. The question is How is being rich going to help us in an environment of potential insurrection? Will I be carrying an AR-15 to work every day? Things to ponder.


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