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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 Fabrix72on Jun 09, 2022 4:37am
96 Views
Post# 34742631

RE:There you are

RE:There you are

 I would add:

Wg, Afarmer and all the cult will lose all their money with their stocks QH related (check...and double check)
 

lol (check)




BuCcShOtBiLlY wrote: Checklist
 


N43-101 grade is not a given (check)

BC will require drill and blast contrary to nvo (check)

Contrary to Fingers also who just believes everything henry says (check)

Kl will be bought out (check)

By abx (no check but wtf eh)

Henry will step down (90% check )

Multiple thin layers with waste above below and betwixt will cause a lot of dilution (check)

Egina will not be economic (space left empty for future check)

Oxides will run out in Q1 not Q2 (wrong. Boo)

Financing or partial sale of nfg because they are burning cash(check)

Plenty penalties when they do so (check)

Sorters for the birds  as primary means of extraction(check)

But nvo will say they are wonderful (ditto)

But they will drain cash if they ever deploy them en masse (space left empty but its a given)

Egina will need to be crushed contrary to nvo (SLE, that means space left empty)

P1 permit to take 2 yrs if they get it at all (space left empty for check)

Acid generating below water table (check)

Yes a problem, not “not a problem” ( check)

Q4 production to be less than 15k ozs (check 12833 oz)

Gold will exit 2022 below $1800 (space reserved)

Inflation 15% exiting 2022. Better off to stack cheeseburgers than gold (space reserved)

Breakeven grade at Egina is 0.20 gm/tonne. Grade according to Henry is 0.12 gm/tonne  on the record(check)

I calculated that 2 years ago (check)

None of the wags on either board can count. Especially Jim Bowie (check)

Danielh didnt complete secondary school (check)

Neither did the Dane even though hes educated to the phd level (check)

Nov will exit 2022 somewhere between $0.00 and $.15 (SLE)

Fingers is pretty stupid for a self declared mensa (check)

Henry will be asked to leave Crescat before year end as a pariah(SLE)


BuccShot Billy

 



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