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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 6,700 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 lithium joint ventures with both Liatam and 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 Mineshackon Apr 30, 2022 10:26pm
119 Views
Post# 34645480

RE:RE:RE:RE:RE:RE:RE:RE:RE:A speculative question

RE:RE:RE:RE:RE:RE:RE:RE:RE:A speculative questionI thought it possible, but now understand ValuePro is very disoriented. He just stomped-off and slammed the door closed. I know because I heard it go [Click!] And now he thinks it's me that is in the closet. Talk about behavior.

It was a misrepresentations for that poster to imply I want "immediate returns in place of expenditures elsewhere".

I expressed concern that at some point management may realize production can not turn a profit before burning an unacceptable amount of capital and will choose care & maintenance or sale of production assets while returning the focus to exploration. It's happened to others.

The market currently is pricing Novo as a failure. It's my bet that Novo's managers are not fools and will make the right choices.

There is room on this channel for more than just pumpers and bashers. Would like to see additional contribution of objective information and opinions. Discussion.

Value "Pro" has evaded my question about self proclaimed confidence by arrogantly suggesting professional authority and higher education then flinging insults while running from the issue. I think I know now who some are referring to as "Bucc".
 
 
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ValuePro wrote: Now you are changing the subject.

I wrote, "I'm confident that Novo will accomplish what is best for shareholders, contractors, and indigenous peoples."

This was in response to your statement, "...it could become a cash cow. But, I also consider that we as shareholders don't know how successful operations are until they're reported."

How could anyone understand from this that your worries  - assuming you really care - are over wanting immediate returns in place of expenditures elsewhere to help build the company if this is how you are to be interpreted.  ...hard to tell. 

What am I left to conclude about your behavior?  You are in the closet as a basher.

While you hide in there, I've no use for you.  On ignore you go!

[Click!]

   





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