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.

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Novo Resources Corp > Shouldn't Novo's Market Cap Be Atleast 1.7 Billion...?? 💰

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Comment by TXRogerson Apr 08, 2021 5:36am

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Post# 32955110

RE:RE:Shouldn't Novo's Market Cap Be Atleast 1.7 Billion...?? 💰

Fabrix72 wrote: Well, I friend once told me there is only one "truth machine" and it takes a bit of time to spit out its message. Q1 will be the first sentence so not enough to understand such message...but at least we can start to read..and not only between the lines.

bull_runz wrote: based on the PEA's 100,000 ounce forecast at $1700/ounce with an 10 time P/E?

Hey Fab.

We gotta stick it out. So stop playing around with your goofy buddies.

Dino crooned about Italians that invest in this sector. I had it translated into English. I was surprised how well the investment theme came well. And true to form.

But I think it could use a little more bass. What do you think?

Tx