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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 ValueProon Mar 29, 2022 3:46pm
104 Views
Post# 34556557

RE:RE:So

RE:RE:SoWe've hardly begun to see the effects of inflation domestically and globally. There will be more severe disruptions in the supply chain than seen to date, and food shortages even in North America (including staples).

While not happening in the near term, energy will get cheaper for multiple reasons. However, the severe coming stagflation will push PM prices and other metals to record highs. Bet on it because that's what happens with global instability and a falling dollar.
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