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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 GatemanBuccon Jun 27, 2022 5:30pm
84 Views
Post# 34785844

RE:RE:ded

RE:RE:ded
ValuePro wrote: Thanks for posting that.  I recall the story well.  I first heard of the stock back before we had such instant news via the Web.  The stock then was already higher than I wished to pay for an explorer. 

I didn't (and don't) like high flyers like that but could not help but follow the story because it was such a hot topic among newsletter writers and at the many real-time investor conferences that were popular in that era.  Many of my friends watched the story, too.  I never knew anyone who bought it.

Anyway, in watching the price trend down on the rumors of fraud, I was tempted to trade it, and I did, making nineteen percent in three days.  To me, that opportunity was clear-cut.  I haven't bought-to-trade anything since.    



I thought you were ignoring keibasa breath retard:)



Bucco A Poo
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