Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

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

Novo Resources Corp > Rick Rule to Kitco:

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Comment by BuccaneerrIslndon Sep 01, 2022 8:04pm

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Post# 34937036

RE:Rick Rule to Kitco:

ValuePro wrote: "Gold stocks relative to their net present value at current gold prices are as cheap as I've ever seen them in my career."

https://www.kitco.com/news/2022-09-01/-As-cheap-as-I-ve-ever-seen-them-Rick-Rule-on-beaten-up-resource-stocks.html

And yet on Black Monday they were much cheaper. Dont tell me Ive been around longer than him.

Loves to hear himself talk.

Bucco

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