Novo Resources Corp T.NVO

good interview

[likeike]

Like what he said near the end. If anyone knew what it took to get a gold mine up and 

running gold would be 2 or 3 times more .....Copper mine tweeking would make copper

ten times more. No one seems to understand how hard mining is and we are going after

a limited resource on this planet.

(IKE) Have been here before and definitely copper mines are more painful.

Early on when QH said they were getting gold from conglomerates in OZ where it had 

never been done before I knew this pain was coming but I am sure him and his very

capable team will persevere otherwise I would not be here. IKE

[TXRogers]

The way you have to view this is much more basic. It doesn't really matter what money was spent up to now.  It's water under the bridge.  And it's very obvious that the Novo Treasury is not healthy enough to accommodate this new drilling exercise.    That's why this emergency PP. The real key point now is managing the costs forward. Novo has control over this

[likeike]

You got it TX. Conglomerates in Aus for the first time is as good as a greenfield project where something no matter what happens goes wrong. Differrent flavor same issue. Geez I think it was 20 some years ago I got my first burn and it was a rinky dinky gold company in Auz. Seen a few interviews with head dude and he had it all figuired out. He finally got mining and the grades were not there

[TXRogers]

  Anyway Ike, I can afford to be a predator myself.   I have participated in this latest PP.  I understand the situation enough, and the risk / reward remains attractive to me. Novo is now experiencing a "sensor outage" within The Paradox.  Although unnerving, it is not completely unexpected.  And it can be overcome. If I didn't believe so, I wouldn

[Rhino10]

What happened to Novo controlling the Pilbara ? Whilst your monkeys at Novo try to salvage the ship Australian explorers are making huge discoveries - and Novo now looks exactly as it always  did -a Mickey Mouse outfit that would  not know gold if it fell over the stuff. Look at iron ore -going ballistic -why didnt QH listen to me -he had his chances. Look at Karlawinda -gold production

[Dormie18]

I'm encouraged Novo has a plan to overcome the problem of not having timely results from their lab in Perth to guide mining and increase tonnage through the mill. It sounds as though they are partnering with a lab to build a facility at Nullagine to process Novo's samples. If they are to drill 2500 holes as quickly as possible, they must also get the data contemporaneously. QH says he will

[Harmunica]

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