RE:RE:RE:Novo mathValuePro wrote:
And the drills are turning at multiple project areas !!!
There will be plenty of opportunities to sell or JV projects long before the cash runs out. That's my bet, and I'm sticking to it.
One small problem.Well not all that small. Novo might find a deposit, in fact they are certain to find mineral deposits because they looked up minedata and found the location of old mines..even though it took them 3 year and millions of dollars to do so. And they are drilling in a couple of locations. We know they are totally clueless in interpereting drill resusts, in fact any sort of mineral information. Hennigh thought Beatons Creek was a goer based on 6 years of drilling! He thought Egina was an economical deposit not realising like everyone else did that the ultra low grade ore was confined to very widespread ancient stream beds. And the very first trenching results at Purdys which were not released for 18 months showed conglomerate gold was obviously uneconomic due to extreme patchness....obvious when you see the result to anyone else. Has anyone heard of a company who has spent so many millions on exploration over nearly a decade and has so little, in fact nothing, to show for it? Novo is best left to the antivaxers and conspiracy theorists, its a stupid persons share throughout!