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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 Apr 15, 2022 9:45pm
204 Views
Post# 34607147

RE:Where I stand with Novo (if anyone cares)

RE:Where I stand with Novo (if anyone cares)
WisGuy1 wrote: I have bought all the way down. I've lowered my average but am still about $1.00 per share underwater. I was a heavy (for me) buyer last week. I don't believe the Novo story has significantly changed. Lots of "challenges" like QH says. It's taking longer than I thought, but QH is trying to build a mid tier gold company from scratch. I think he will succeed and I think gold will be coming out of the Pilbara for at least the next 50 years.

I will continue to add on significant pullbacks. IMO, we are at the very beginning of a gold bull market for the ages.

Is Novo a good buy at C$.92? I think so.

If Novo goes to zero, it won't be the end of me. I will still be fine financially. Ten years ago, I viewed Novo as a chance for generational wealth. I still do. I am a retired 73 year old man with a loving family. I ran a successful business for 35 years and am fine financially.

The hate from Bucc is unfortunate. I think he is an individual with obvious emotional problems and insecurities.


I do care inasmuch as your posts here provide entertainment. It is hard to believe that someone could be so gullable as you....probably a sign of stupidity....can there be any other explanation as to why you still believe the incompetent bumbler Hennigh, and the scheming but totally inept (in understanding mining) Moriaty who both want to make money at YOUR expense?

Bucc is way smarter than most people who follow this stock. His manner certainly is not one that most find appealing at first, but it depends on your sense of humor. Most of his humor goes way over the heads of stupid people, and to many is an aquired taste. But hes right about most things Novo as he picks up on things many people miss.
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