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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

Comment by TXRogerson Jun 04, 2021 4:12pm
161 Views
Post# 33331751

RE:Selling Novo

RE:Selling Novo
Daedalus1264 wrote: HI all

I created an account today even though I have followed this board for years with great interest. It is with no small degree of sadness that I finished selling all my shares in Novo today.  I do not sell any holding lightly and do not consider myself a "weak hand" by any means.  But I was trained to sell without hesitation when the story that brought you in becomes broken.  It is my reluctant conclusion that I am at that point now with Novo. 

Thank you all both the bulls and the bears for your comments. It has been very entertaining and enlightening.  Special shout out to Tx for his incredibly thoughtful contributions. (One of your old texts referenced the Mule character from Asimov's Foundation books.  Much respect Tx.)   

I would hope for those of you who intend to stay invested in Novo that you have great success with it in the future.  I just intend to look for something in the gold sector that in my opinion  has a better risk-reward profile in the next couple years.    
     


You take care Daedalus

And there is nothing permanent in this game.  You can always return as easily as you left if this story ever comes back into favor for you.

Good hunting.  As always.

Tx



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