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 > clutching at straws

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Comment by Valloweenon Oct 06, 2022 10:32pm

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Post# 35011351

RE: clutching at straws

Perambulator wrote:
For any Rick Rule fans out there: The very big wins in my career, the 10 baggers, the 20 baggers, share two common features. The first is they took over 5 years. The second is the share price fell 50% or more during the course of me holding. A couple of stupid people, and I mean totally clueless people, dumb as, on CEO, dont realise that any share that is a 10+ bagger has to have a good project, sticks to a plan, and has competent management. Thats the absolutely total opposite to NVO! These newbys have been about for a while znd are still newbys by any definition!

RR likes to hear himself talk. Who cares what he thinks.

Valloween

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