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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 B2moiston Apr 14, 2021 10:43am
164 Views
Post# 32992440

Idiots....

Idiots.... Comments of major players exiting, mass hysteria, and the like.  what a joke!  1,200,000 shares out of 230,000,000 traded thus far.  Thats like 0.5% and is all the nervous Nellies out there thinking that because 0.5% got a discount that it reflects on stock value of the entire float.

Those that think this is a stock that we are going to get rich fast are the ones that keep slamming it because they are like cry babies when Momma wont give them the cookie yet.

If you like the Novo story (like most here do), then you hang on for the ride.   I you are skeptical then sit on the sidelines and simply watch.

Also,   the comment that TA told us this would happen is a complete b@st@rdization of rationale.  No chart forecasting tells us that a private placement is coming!   Sure, if we didnt get nice results in the coming months the price may drift down to these levels anyway, but the 95% of the sharedholders out there are holding on to this stock.  There are very few days in the past two years that have seen the trading of at least 1% of the shares.  

Any idiot can see that the major holders are in this for the long haul, not deterred by the month to month squabbles of bashers.!!!!!!!!
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