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 > MANAGEMENT’S DISCUSSION AND ANALYSIS NOVO November 11

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Post by WisGuy1 on Nov 11, 2021 8:22pm

MANAGEMENT’S DISCUSSION AND ANALYSIS NOVO November 11

https://cdn-ceo-ca.s3.amazonaws.com/1gorfrg-NOVO%20nov%2011%20MANAGEMENT%E2%80%99S%20DISCUSSION%20AND%20ANALYSIS.pdf

@Tradeahead KABOOM - NVO ASSETS INCREASE BY 127 MILLION !!!!! - As predicted by yours truly. 2 15 minutes ago

@Tradeahead 0.33 cents per share in EPS. That is FABULOUS!! 3 12 minutes ago

@Tradeahead 3M in profit from operations. A drop in general & administrative costs that is quite good. 2 10 minutes ago

@Tradeahead NVOs book value now around 1.75 C - And I'd say that alone ought to make the price of NVOs shares increase about 20% (not saying tomorrow, neccesarily, buy as the details sink in, in due time)- as NVO usually trade at least > 20% above book, it ought to trade at at least C2.1 just on that metric.

@Tradeahead NVO is making money :-) - not quite what the bashers had in mind would be in these financials. :O) LMAO. Actually, even I am positively surprised at some of these numbers, even as a bull.

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