Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

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

Novo Resources Corp > NVO still a mirage!

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Post by Goldbug52on Mar 19, 2021 8:45am

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Post# 32836374

NVO still a mirage!

I've always thought that Novo and Karora were good comparators. Both had similar stock price, both had similar shares outstanding. I chose Karora over NOVO. That mirage turned out to be a real oasis as witnessed by today's Qtr 4 results. This is not to brag or spam. I have a very small position in Novo at the moment and we have the same stomach wrenching journey yet to go before we find out if this too is an oasis. Hope this is a winner too!

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