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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 TXRogerson Mar 05, 2021 5:05pm
89 Views
Post# 32734162

RE:RE:RE:RE:RE:RE:RE:Tx sorter post

RE:RE:RE:RE:RE:RE:RE:Tx sorter post

ronreagan wrote: Well, if you'd like to point out a negative fact about this company, I think most around here, myself included, would actually appreciate it. So no, we're not just pumpers, as you say. Please do share your diverse ideas - we can cuss/discuss the merits of them and move on. But just make sure there's some semblance of truth/rationale to them (as I find WiseGuy's offerings). We also welcome opinions - but be warned, you do know what they say about those, right? 


Negativity?  Isn't that often a beacon for an "Obscured Opportunity"?  

How much cost vs revenue is there in maintaining almost 14,000 sq-kms of tenement leases, and how does it impact Novo's treasury over the next decade ?

Will Novo ever have a known resource?

Will the Australian government slide deeper towards a socialist hell-hole, with all the nasty ramifications?

Will Novo stumble upon the ruins a 15,000 yr old aboriginal city, and have to cease operations? 

Will an enraged herd of water deprived cows from Jonathon Campbell's cattle station descend upon and destroy the Nullagine mill?

Will gold go back to being a useless relic (which is never really did achieve)?

Unknown, unknown, unknown, .......... and then quietly and mysteriously around the 499 second mark , it all becomes Known.

What do you do in the meantime?  No negative waves, baby.  No negative waves.

Tx

 

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