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 6,700 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 > SHAREHOLDER ADDRESS on Sedar.

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Post by Mineshack on Dec 07, 2022 7:32pm

SHAREHOLDER ADDRESS on Sedar.

"Novo is in advanced discussions with numerous parties regarding infrastructure opportunities at the NGP which have the potential to offset Novo’s care and maintenance holding costs whilst Novo completes further exploration and optimisation of the Beatons Creek mineral resource. The potential for NGP to not significantly draw on cash reserves in 2023 will allow Novo to focus its efforts on its key exploration projects."

SHAREHOLDER ADDRESS

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Comment by ValuePro on Dec 08, 2022 1:33pm

Aside from the observation you pointed out, I didn't see much of anything new in that address, certainly not enough to account for the price spike since Monday. By the way, I am happy to have bought more shares then near the day's low. VP in AZ

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