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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 BetontheFed1on Nov 09, 2021 3:48pm
44 Views
Post# 34106490

RE:BM on Novo

RE:BM on NovoWiseguy,  ask BM to explain why Novo didn't give the one and only good grade control guy a big BIG raise.  Since the guy left, production dropped from 8,600 ounces in July to about half that in August and September. That's only worth about  $20 million Australian.  I would recommend to Novo that they pull their wallet out and pay the good grade control guy what he wants.  Of course Novo might not care that they lost $20 million in revenue on the front end as it will be made up on the back end  sometime late this decade.  Either BM, and or Novo managers are idiots.
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