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 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 ValueProon Mar 04, 2021 3:47pm
123 Views
Post# 32717741

Re. China and Auzzie

Re. China and Auzzie

Your post is a reminder of how Australia's "country risk" profile is very high, if not as high as any country can be. 

Meanwhile, that of the US is sinking rapidly.  The massively rich, brecciated uranium pipes on the Colorado Plateau are about to be banned from production forever; forget that such mining there now is the safest and cleanest of all uranium mining.  At Superior, Arizona, Rio Tinto/BHP have what may be the world's largest copper porphyry project, one that could produce 25-percent of US annual needs, but it is facing renewed legal challenges.  In the Sana Rita Mountains near Tucson, HubBay is being blocked from developing the Rosemont project, which could provide around 22 percent of US annual copper needs.  Similarly, in the Silverbell Mountains near Tucson, exploration-phase miners failed to restore exploration permits from Trump because of the political atmosphere there, even though Asarco operates a massive open-pit mine there and has for over 120-year.
.  
The fact is, the anti-mining activist in Arizona and across the US are winning.  They care not that the components of their smartphones and the labor that went to producing them came from some other country.

Yes, I am ranting - I'm pissed.  However, this is why I am now drawn to Novo's activities.  So, indirectly at least, I will benefit.    

VP

<< Previous
Bullboard Posts
Next >>