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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 Mineshackon Mar 12, 2021 1:23pm
121 Views
Post# 32786400

Who’d a thunk it?

Who’d a thunk it?It seems what always drives a mining stock to the moon is drill results as that is what forward thinking speculators will base their investment decisions upon.

How can Novo ever have that much blue sky potential when not a single drill turns?

Is there any possibility that actual mining production can influence market valuation instead?

Or could the market forever fail to see what the company is doing today will grow exponentially for a very long time?

It seems still only a few know the true answers to these questions.



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