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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 > Tradeahead on NR
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Comment by WisGuy1on Dec 13, 2021 10:24am
92 Views
Post# 34224750

RE:Tradeahead on NR

RE:Tradeahead on NR
@Tradeahead Or to put it in even simpler terms: 155 in income on a stock priced at 320M, that is a P/E of 2!! on 2022E production.
 
Best value in the mining space I am aware of. As Kevin from Crescat also alluded to was his view. P/E of 2 are kingmaker investments.
 
Only an idiot disgards NVO ;-)) Shortcovering, anyone?????
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