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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

Comment by ronreaganon Feb 21, 2021 11:24am
123 Views
Post# 32621441

RE:RE:OLD FOX: I'M GRATEFUL TO YOU!

RE:RE:OLD FOX: I'M GRATEFUL TO YOU!I can agree with your point too, as I am a long-term investor here.

Old Fox's point is well-received, as the shorts become longs when they cover - which can be a good thing for us, if even for just an instant, as the process can help in consolidation. The naked shorts, as he warns, are an entirely different animal.

A very nice review by you of Mr. Moriarty's book. I'm not through with it yet - about 2/3 of the way - but am enjoying some of the background stories which of course I did not know. Cut-throat business. One stunner for me thus far is QH simply giving the ROFR back to Creasy, as opposed to enforcing the contract. Seems like we have ourselves a very self-less, honest man at the helm of Novo, with a view toward the long term - and who we can trust to do the right thing for us long-term shareholders.


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