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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 Jan 30, 2022 2:42am
189 Views
Post# 34375670

RE:Woah. Crescat sold some shares WG?

RE:Woah. Crescat sold some shares WG?
mortgages101 wrote:  QH not liking the novo story?


The transition to new management at Novo should be close to complete and if Hennigh was the least bit honest he would sever all ties with the company so there is at least a chance the stuff ups might stop happenening. His party tricks are actually now detrimental to the SP as his incompetence has been more widely recognised. The new management would be free to finally close down all Hennighs failed projects and conduct an unbiased assesment of the exploration potential of the tenement that the company holds and go from there.
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