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 6,700 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 lithium joint ventures with both Liatam and 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 > HH for all the bashers

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Comment by HuberPeteron Apr 20, 2021 1:42am

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Post# 33027280

RE:HH for all the bashers

Cognitive dissonance is the reason for buying high and selling low.

agree with most of his arguments.

paying everything for the mill to unlock the other pilbara assets is obvious nonsense. IRR should see at least 20% p.a. over LOM otherwise it provides NO real value for shareholders. There are always opportunity costs.

they have to fix NOW the ramp up problems otherwise BC will LOCK the other novo assets.

peter

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