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 > HOMEWORK COMPLETED - THANK YOU TEACHER

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Post by ronreaganon Apr 20, 2021 8:41am

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Post# 33027783

HOMEWORK COMPLETED - THANK YOU TEACHER

I’m actually sorry I have to engage in this exercise, because Old Fox is actually very level-headed when it comes to the Covid hoax (my opinion).

But when Tx, a genteel man of impeccable reputation, urges me to do some research, that’s exactly what I’m gonna do, as I know I will definitely LEARN something.

Specifically, Tx asked me to chart out the market caps of Novo and KL from between October 2015 and October 2017 AND then traverse all Old Fox’s posts between those two dates.

First, here’s what I learned about Old Fox’s posts between October 1, 2015 those two dates:

            Nothing – They do not exist. Old Fox was established as a member of Stockhouse on 12/03/2008, but never posted on Novo or anything else until July 4, 2018. Strange.

Then, the charts (see below) show the following (my observations).

Between October 1, 2015 and October 31, 2017:

            Novo’s market cap ranged from $39.1M to 850.57M (increased by 21.75x)

            KL’s market cap ranged from $188.32M to 2.574B (increased 13.66x)

Though the Novo chart shows a relatively stable market cap through October 2017, the chart of KL shows a pattern of steady escalation - then in late 2017 both of them violently spiked upwards.

MY CONCLUSIONS: I can see why Tx might have thought that Novo had a great deal of room to run. I can also see that Old Fox was a “Johnny-come-lately”, never appearing on the scene until AFTER the fact (a pattern I discerned myself over the last few months). So, Tx is right:

(1) Tx had a reasonable basis to believe that Novo had a VERY bright future, and the case is buttressed when juxtaposed to KL.

(2) Old Fox has no credibility, as he never even showed up on the scene until the middle of 2018; i.e. AFTER the fact, a familiar refrain.

WEAKNESS: The ONE missing piece is this – Specifically, what was happening in the background in mid to late 2018 when Old Fox decided to come on the scene? I need to re-read Bob Moriarty’s book “What Became of the Crow” in order to get clues as to Old Fox’s relationship to Novo, KL, Artemis, or any of the other cartoon characters in this saga. The discovery process shall continue. Old Fox, I think you screwed with the wrong people - the truth is going to come out about your lack of sincerity.