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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 ChillinCalon Jan 06, 2023 10:09am
246 Views
Post# 35206646

RE:Chen Lin buying Novo

RE:Chen Lin buying NovoChen Lin is obviously a very smart and successful investor, but the stocks he has mentioned on Jay Taylor's show have not turned out very well.

SRPT was a huge winner

SRNE has been a dud 

ACST failed its trials and crashed

SNPX just failed and crashed

TCDA just failed and crashed

AMRS is down by 50% since he mentioned it

However, I believe Chen has made a lot of money off these stocks as he plays the rise and fall as they go through trials, and makes enough profit to play with the bank's money when the final trial takes place.  That's what he has said over the years.

I'm sure his subscribers who follow his day to day advice do well as they move in and out of positions at his direction.

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