Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

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

Novo Resources Corp > THURSDAY AFTER CLOSE?

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Comment by dove19on Jan 15, 2021 10:40am

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Post# 32305619

RE:RE:RE:RE:RE:THURSDAY AFTER CLOSE?

TX: You mention OZ as a better investment compared to FSX.
Both have good properties, FSX has double the sh. outstanding and the price of FSX is double the price of OZ.But where is the cash for exploration is going to come from re OZ?
Oz has minimal cash in the bank wherehas FSX has close to $30.0M

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