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 > Inflation up strongly, gold down

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Comment by ValueProon Dec 14, 2021 4:17pm

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Post# 34230458

RE:Inflation up strongly, gold down

Dollar-cost averaging got me in below a dollar (US) today. I am buying silver stocks too.

Today's news alone and a Fed response will not slow increasing rents, food prices, or clear clogged ports. History proves that the natural consequences of inflation means accelerating price increase as interest rates turn up. That seems counterintuitive, but it's the way things work, at least to a point. That point can be many, many months away, or even years. Or that point is when the system completely fails.

Hang on; the ride is going to get wild.

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