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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 AlwaysLong683on Jun 18, 2022 9:32pm
102 Views
Post# 34767158

RE:RE:RE:RE:RE:Crazy Week for NVO

RE:RE:RE:RE:RE:Crazy Week for NVO
AlwaysLong683 wrote:
ValuePro wrote: "...provided there are no future writedowns of those assets."

How about "providing the sun rises in the east."

I've had enough.  On ignore your go (where you have probably gone before under different aliases).

[CLICK!]

 


I guess I'm now on ValuePro's ignore list, but did he just admit that there will be future asset writedowns at NVO just as surely as "the "sun rises in the east"?

So, if I've got this straight, he's bullish on NVO and feels their assets are undervalued, yet also believes at least some of those assets will be subject to writedowns....?

If so, he's seems to be one confused individual.


Sorry, my mistake. He appears to be guaranteeing there will be no future writedowns. Hope he remains actrive in posting on this BB for another couple of years -  I sense some crow is being prepared as we speak for him to eat........
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