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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 Perambulatoron Nov 19, 2021 5:07pm
166 Views
Post# 34148069

RE:Crescat on Novo (worth a listen)

RE:Crescat on Novo (worth a listen)
WisGuy1 wrote: @WisGuy1 Crescat Novo @ 1 hour mark 

https://www.youtube.com/watch?v=qRRvifaM4l8


I dont alway agree with Wisguy as he has a habbit of making UNwise recommendations, but this interview is revealing.

In Novos heady days people were talking of billions of ounces of gold spread over hundreds of square kilometers.

In this interview the muddle headed wombat is looking for tens err hundred thousand ounces of gold.

I know Novo has been rerated down because the billions of ounces were just a dream, but lets face it, Novo is looking very Junior.

But as long  Canadian Investors put money into the Australian economy with no risk of there being a cash flow the other way...Aussies will celebrate Novo!
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