Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 WisGuy1on Jun 24, 2021 4:10pm
298 Views
Post# 33445590

Fab and Bucc, cover your eyes

Fab and Bucc, cover your eyesPositive cash flow means


@Tradeahead It tells you at least these 13 facts, and more.......
1) It is economic 
2) The business is sound 
3) The business will grow from here 
4) No additional PP are neccesary 
5) As we are still 40koz away from target production, and already CF positive, the production is going to be a cash machine 
6) The metallurgy works 
7) The plant achieves this running less than 1,7 MTD leaving additional gross capacity with 2 MTD nameplate capacity 
8) That you, Fab, Izzo, Bucc, Mp07 were DEADWRONG in your claims of uneconomic grades 
9) Achieved before run-in complete, meaning more upside coming 
10) The grade will surprise the market positively 
11) The in-the-works oresorting is not active yet, and that circuit will improve cash flow further 
12) The Chrysos is not active yet and proper grade control will improve results further 
13) Rising gold price is coming and will improve results further.... and so on and on and on.........
<< Previous
Bullboard Posts
Next >>