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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 ronreaganon Feb 21, 2021 1:56pm
143 Views
Post# 32622009

DAVE KRANZLER/DART/CRUX GUY

DAVE KRANZLER/DART/CRUX GUYIn my humble opinion, these guys are just not ....... intellectually curious enough to be qualified as writers.

How can you sit there and refute the economics of conglomerate gold because it cannot be measured using traditional methods when, as Mr. Moriarty has now educated me [and I'm paraphrasing]:

"Upon introduction of oxygen, iron precipitated - why wouldn't gold have precipitated too?"

In fact, I caught Dart in one of his prior articles not even including the 200,000 or so ounces that came with the mill Novo bought from Millenium - which increased Novo's reserves to about 1.1 million ounces. Maybe he didn't think it important to look into the assets of Millenium Mills which Novo was purchasing? I'm sure these guys are nice guys (Dart I think is just young and professionally immature), but you HAVE to do your homework before you start writing these stories - or else you just ruin your reputation. I wonder whether either one of these guys has EVER even been to WA to see Novo's properties. That being said I think we know who the good writers are.

And by the way, Mr. Moriarty had the integrity to point a couple of areas/times that QH made a mistake along the way (cf. the ounces coming from the UPPER part, as opposed to the lower part of the interval). So, it's NOT all "pumping" around here. 


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