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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

Bullboard Posts
Post by nambuon Dec 08, 2005 1:16pm
155 Views
Post# 9988649

UncleRico please substantiate with #s

UncleRico please substantiate with #sRico ... where is this huge uptick in volume you speak of? I don't suppose you have access to L2 and market depth on CDNX. A few thousand dollars in trades does not make this week a run on NVO. There was an 11,000 share cross trade today at .43 from CIBC to... CIBC ! The only nice cross over the resistance line we've all been talking about the last couple months. (Just a substitution trade though, or would I be way off here - CSC certified experts correct if so ) ROFL The last spike in volume for the record people was November 30 when the flock got caught up running out of the pen on earnings announcement. We'll retrench around the .40 resistance line here at least - unless the naysayers that be are right and there are still some considerable tax loss trades left to shake out. (daily opens at .39 every morning seem to indicate this to be a likely trend, no?) Stop berating the poor bleating herd of naysayers and at least back up your pumping with more than testorerone driven emotes. Nuvo longs who lurk or post here deserve a variety of points of view, but ensure your points have substance, are based in fact, or quote a source / link etc... where are all the new signed deals you mentioned yesterday for instance. Can you please list them by channel or partner and dollar amounts and state bottom line effect? Or just give an opinion of each or one in particular and consider what upsell of other services Nuvo might get out of it etc... (Of course the same case could be make of equally emotive Nuvo & Linmor expatriates. I guess you can always put them on ignore but in the end who'd want to miss that inside hint laced in all the drama and angst, right?) Enjoy each other's differences - it is the Holiday season after all. :P Et Joyeux Noel DenDen / Rock ! Just another 0.02 ... MHO
Bullboard Posts