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Bullboard - Stock Discussion Forum 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... see more

TSX:NVO - Post Discussion

Novo Resources Corp > THURSDAY AFTER CLOSE?
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Post by ronreagan on Jan 15, 2021 5:19am

THURSDAY AFTER CLOSE?

It strikes me as odd that such news would be released on a Thursday after close. Almost like they'retrying to bury it for the weekend. Could it be there's more news lined up for Monday after close? Don'tknow, just asking. Either way, It's starting to look like Novo will be a VERY successful company even if the first dore bar out of Beaton's Creek is never poured. And yet even that is eminent. I think I just might buy me some more train tickets. Chance of a lifetime, enjoy the ride, folks.
Comment by DonnyOsmond on Jan 15, 2021 6:55am
This post has been removed in accordance with Community Policy
Comment by TXRogers on Jan 15, 2021 8:19am
Don't delude yourself.   The gold pour and subsequent production from Nullagine is absolutely essential.  And it must be sustained and positive economics. I don't doubt that the Novo train is about to finally leave the station.  But that station is named Nullagine - and long term parking is across the Departure Terminal at Beatons Creek. Enjoy your trip. Tx ...more  
Comment by DonnyOsmond on Jan 15, 2021 9:06am
This post has been removed in accordance with Community Policy
Comment by ronreagan on Jan 15, 2021 9:21am
No problem - but some people might view owning half an interest in a potential Fosterville South as a company-maker itself - not to mention Novo's interest in NFG, et al. Have one on me!
Comment by TXRogers on Jan 15, 2021 9:46am
Fosterville South is a hype job.   Go for Outback Goldfields (OZ.CSE) - much better value and closer to the action. Tx  
Comment by dove19 on Jan 15, 2021 10:40am
TX: You mention OZ as a better investment compared to FSX.  Both have good properties, FSX has double the sh. outstanding and the price of FSX is double the price of OZ.But where is the cash for exploration is going to come from re OZ?  Oz has minimal cash in the bank wherehas FSX has close to $30.0M
Comment by ValuePro on Jan 15, 2021 12:07pm
As you brought up NFG, their drilling continues to please. https://newfoundgold.ca/news/new-found-intercepts-18-1-g-t-au-over-6-5m-including-38-7-g-t-over-2-95m-in-new-sunday-zone-discovery-in-the-appleton-fault-hanging-wall-2-km-north-of-keats-zone/
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