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 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

Novo Resources Corp > I have failed

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Comment by WisGuy1on Jun 30, 2021 4:30pm

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RE:RE:I have failed

@Tradeahead "NFG is going to be larger than Kirkland lake" - Crescat Capital. So Kirkland was up what 15 bn, so lets say 20 bn to NFG, of which we own 10%. Got it. 2bn to us. Then add it to the capitalized value of NVOs future 100koz cash flow, and stream of projects, another 2 bn. Got it. Add E3D for good measure, and we would be at 4,08 billion dollars or somewhere around 16 dollars per share. Hey, I could live with that ;-)

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