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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 likeikeon Apr 28, 2021 6:34am
97 Views
Post# 33080672

Inflation is here

Inflation is here

BlackRock Inc. has turned neutral from overweight on U.S. inflation-linked bonds after the recent rebound in inflation expectations. The world’s largest asset manager has also cut its short positioning in Treasuries.

BlackRock Cuts Inflation-Haven Bond Bet, Stays Bullish on Stocks

Nevertheless, it’s harder to dismiss inflation risks given the positive surprises in recent economic reports.

“All of the better data points to a higher-inflation narrative that the market is reflecting,” said Rob Daly, director of fixed income for Glenmede Investment Management in Philadelphia

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