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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 > Fab and Bucc, cover your eyes
View:
Post by WisGuy1 on Jun 24, 2021 4:10pm

Fab and Bucc, cover your eyes

Positive cash flow means


@Tradeahead It tells you at least these 13 facts, and more.......
1) It is economic 
2) The business is sound 
3) The business will grow from here 
4) No additional PP are neccesary 
5) As we are still 40koz away from target production, and already CF positive, the production is going to be a cash machine 
6) The metallurgy works 
7) The plant achieves this running less than 1,7 MTD leaving additional gross capacity with 2 MTD nameplate capacity 
8) That you, Fab, Izzo, Bucc, Mp07 were DEADWRONG in your claims of uneconomic grades 
9) Achieved before run-in complete, meaning more upside coming 
10) The grade will surprise the market positively 
11) The in-the-works oresorting is not active yet, and that circuit will improve cash flow further 
12) The Chrysos is not active yet and proper grade control will improve results further 
13) Rising gold price is coming and will improve results further.... and so on and on and on.........
Comment by HoneyImHome on Jun 25, 2021 1:46am
This post has been removed in accordance with Community Policy
Comment by PilbaraDore on Jun 25, 2021 3:53am
Poor kid..hate to be in his shoes... https://www.youtube.com/watch?v=qA1nGPM9yHA But Q's Shoes...welll... https://www.youtube.com/watch?v=0rLhJZTHYo4 Golden PD
Comment by gatewa on Jun 25, 2021 8:45pm
What about Beatons creek being cash flow positive for may. seems there making more and more and more $. seems there starting to ramp up. your post makes no sense.
Comment by gatewa on Jun 25, 2021 8:48pm
Post was addressed to Honey (sorry )
Comment by gatewa on Jun 25, 2021 8:51pm
Beatons creek cash flow positive month of May. That is because they are ramping up, more and more to come. Looking on buying more at these discounted prices on Monday. you post was long and boring.
Comment by gatewa on Jun 25, 2021 8:57pm
Once again post directed to Honey long post.
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