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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 WisGuy1on May 19, 2022 8:08am
187 Views
Post# 34694727

@olr on Novo

@olr on Novo Markets famously and dependably overshoot. That's what makes spectacular profits possible. I continue to believe that Novo will be a textbook case of this. Combine a rising price of gold, prolonged migration of Novo shares from weak to strong hands, probability of multiple discovery announcements, a string of bck-to-back pours of rising gold ounces at BC, and maybe toss in scientific support of the Wits2.0 hypothesis. Psychologically I think that the first pop over C$1 or US$1 per share could launch higher moves. 


Bucc my dear friend, I continue to add shares at this ridiculously low price. Stay well.
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