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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 ronreaganon Mar 31, 2021 12:20pm
97 Views
Post# 32914547

RE:New investors to NVO....place everyone on IGNORE

RE:New investors to NVO....place everyone on IGNOREIn other words, the chart monkey advises NOT to invest for the long run and simply ignore the day-to-day price movements as noise.

There's NO room in this market for LONGS with a long-term view toward liquidation?

Of course, if you've got one foot in the grave and need to make up for a LOT of bad trades in the past, I can see why you might want to make quick profits here and there, trading in and out.

But if you have a job and are gainfully employed and ain't got time for the drama, just invest and put it in your sock drawer - and do make time for the "entertainment" around here. The BEST feeling in the world = get dressed down by some old buzzard who can't even write the English language!


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