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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 PulpCutteron Jan 24, 2022 3:44pm
139 Views
Post# 34354823

$1 and 6 months ago, from a self-described investment genius

$1 and 6 months ago, from a self-described investment genius

with a 94% success record on trades:

@Tradeahead @Gasman To mind that matter is settled. It IS being economically mined, and as we speak the company is cash flow positive, even before we are mining at the fully expected long term pace. The company being cash flow positive right around now tells you, that is self sustaining and growing entity, it is now self-funding exploration and growth. We also know that the costs taper off, while the oz mined increase, by its very nature. So its get better and better. This is what management has stated in open interviews. And management is the only credible source for information on this subject. The PEA is being executed upon, economically. Meaning the perma bears have already been proven wrong. There is no reason for anymore lies around this subject, it is time to face the simple truth. NVO rocks ;-)."

https://ceo.ca/nvo?ec7fc2b6e651

 

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