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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 likeikeon Feb 08, 2021 1:01pm
114 Views
Post# 32502091

The third dimension

The third dimensionI am very surprised by some of our regular posters falling in to regular valuation talks

about or with others. A 43-101 is the gold standard in the business and something the

market and others will not accept anything less of. We have a good portion of a resource 

in conglomertes that canno t be quantified. This is a complete pipe wrench to the industry

 as is a Witteswaterand theory.

I always remember my university organic chemistry professor lecturing how that when a

couple of americans came up with the idea of chemical atoms interacting in a 3 dimensional

environment they were ridiculed by the foremost chemist of the time from Paris. That was

just a 150 years ago.

We will never get a fair IMHO until the market figuires out a 43-101 will never work here and

you better think outside the box on this one. IKE
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