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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

Post by WisGuy1on Nov 11, 2021 8:22pm
142 Views
Post# 34117704

MANAGEMENT’S DISCUSSION AND ANALYSIS NOVO November 11

MANAGEMENT’S DISCUSSION AND ANALYSIS NOVO November 11https://cdn-ceo-ca.s3.amazonaws.com/1gorfrg-NOVO%20nov%2011%20MANAGEMENT%E2%80%99S%20DISCUSSION%20AND%20ANALYSIS.pdf

@Tradeahead KABOOM - NVO ASSETS INCREASE BY 127 MILLION !!!!! - As predicted by yours truly. 2 15 minutes ago
 
@Tradeahead 0.33 cents per share in EPS. That is FABULOUS!!  3 12 minutes ago
 
@Tradeahead 3M in profit from operations. A drop in general & administrative costs that is quite good.  2 10 minutes ago
 
@Tradeahead NVOs book value now around 1.75 C - And I'd say that alone ought to make the price of NVOs shares increase about 20% (not saying tomorrow, neccesarily, buy as the details sink in, in due time)- as NVO usually trade at least > 20% above book, it ought to trade at at least C2.1 just on that metric.

@Tradeahead NVO is making money :-) - not quite what the bashers had in mind would be in these financials. :O) LMAO. Actually, even I am positively surprised at some of these numbers, even as a bull.
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