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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

Post by WisGuy1on Dec 30, 2020 4:22pm
136 Views
Post# 32199600

Excerpt from @AUinvestor and Novo

Excerpt from @AUinvestor and NovoHe's talking about Novo:  @AUinvestor "By being ahead (okay some times WAY AHEAD or EVEN TOO FAR AHEAD) of the monkeys means one has to be patient with a longer-term outlook. This will be a self-reinforcing cycle... the more debt sold, the more dollars flood back into the US, the faster the purchasing power falls... the higher Gold and Silver prices rise.... the more spectacular the leveraged miners soar... the even more spectacular that under-valued/over-sold miners soar... and then the rarest group, the stocks completely misunderstood, and off the radar screens that will be the multi-XX baggers... especially any just going into production... yeah, you know which stock - lol."
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