Bullboard - Stock Discussion Forum 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... see more

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TSX:NVO - Post Discussion

Novo Resources Corp > beatons creek

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Post by 123600 on Feb 13, 2021 3:18pm

beatons creek

everyone is excited about first obout first pour.
I have done somoe looking and can't find any economic or pro forma financial expectations all in costs etc etc
anyone seen such an analysis?

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Comment by goldenboycanada on Feb 13, 2021 3:28pm

Those who are looking for PEA or TA to buy this stock they have to wait for some time when the first quarter financial will come out. the share price will not go very high in the beginning even in the first pour. When people will know slowly the aisc is the way lowest in the entire market and expecting grade is also high. The sp will grow exponetially not linearly. Probably like game ...more

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Comment by Haarmonica on Feb 13, 2021 3:41pm

This post has been removed in accordance with Community Policy

Comment by smilingmickey on Feb 15, 2021 8:44am

Novo cannot provide guidance on costs right now as the operation is based on an indicated resource of conglomerate ore and a plant that Novo have not yet fully operated. If you look into the history (including that of MIllenium MInerals) you will find clues as to what the costs might be and how much work has been done to have confidence (or not) that the process will work. I'm just looking ...more

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