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.

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Novo Resources Corp > More smoke like AISC below $1000...LOL

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Post by Fabrix72on Nov 10, 2021 5:35am

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Post# 34108462

More smoke like AISC below $1000...LOL

@fingerprint42 Aenion: When people want to con you they say things that are perfectly true and perfectly meaningless at the same time. Gold shares have been in a correction since February. Yes, Novo went down 60%, so did Lab Gold, Deg went down 52% and it is a brilliant story that I made a bundle off. NFG dropped 50%. Did they tank because of Novo or is Novo just another stock that corrected? You can't have it both ways. Novo either went down because of stupid and inept management and if it did, they had to as well. Novo has bought a mill, put it into production and is going through the startup issues every startup goes through. We were in a correction, I think soon people will realize the correction ended six weeks ago and the rising tide will lift all boats and people can stop whining and attacking every stock they own that went down.

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