Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 mrbubbaon Jan 04, 2021 8:09am
198 Views
Post# 32213690

PERFECT TIMING?

PERFECT TIMING?AS OF THIS MORNING:

The US dollar is in the crapper (USDX is below 90 now, and trending lower). Will it eventually hit about 70, as it has in the past?

Gold is over 1,900/ounce again, and tredning up. TA analysts?

Novo is due to give us news on Egina - or news of a short delay at maybe?.

First day of trading on the TSX.

In a few weeks, Novo will no longer just be an "exploration" stock - it will be a producer, with MULTIPLE future runs up (and down) the famous Lassonde Curve with all its potential properties (Karatha, Egina, BC proximity, etc.) - observation courtesy of a very astute poster this weekend. Somebody will find out about the FIRST dore bar being poured or something concerning head grades - wo watch for sudden, unexplained moves in the share price.

Novo (and other gold stocks) have been beaten down pretty good during this year's tax loss selling.

A probable Biden presidency will eventually prove to be aviation fuel on the fire.

Will this be a memorable week or year for us longs?

I don't know for sure - but if we continue to trade sideways (or even further down) I will defintely look upon it as an opportunity to buy more. Very nice people will respectfully disagree with me, but God be with them.





<< Previous
Bullboard Posts
Next >>