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 > Does anyone think it may be

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Comment by ValueProon Jan 16, 2023 12:39pm

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Post# 35225898

RE:Does anyone think it may be

Hey, there, GS. Thanks for joining us where. I have to point out that the nature of this board has changed a lot with the failing share price of the company. The board is not mostly populated with bashers, professional and otherwise.

On the other hand, I've been here averaging down with new lows, most recently near US 18 cents. And Novo remains my largest single holding in PM exploration and the only one mostly gold-related. (Otherwise, I like silver explorers working on district-scale projects.)

So, now that you understand my bias, yes, I think it is oversold.

Cheers,

VP in AZ

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