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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 > @olr on NR
View:
Post by WisGuy1 on Mar 06, 2023 11:59am

@olr on NR

They have a theory (synsedimentary gold deposition) that implies the Pilbara holding hundreds of millions of ounces of gold, 10,000 square kilometers of staked land with various other mineral prospects, an up-to-date mill for processing ore, and a pending list of approvals, an investment portfolio, no debt — and very few believers.
 
Is that a sell?
Comment by PeterThomas on Mar 08, 2023 1:03pm
None is true. Novo is a scammer.
Comment by ValuePro on Mar 08, 2023 7:15pm
"Recent research suggests that synsedimentary gold trapped in the structure of diagenetic arsenian pyrite in reduced carbonaceous facies of continental margin sedimentary basins is an ideal source of gold for many orogenic and Carlin-style gold deposits." - Australasian Institute of Mining and Metallurgy https://www.ausimm.com/publications/conference-proceedings/pacrim-2015/orogenic ...more  
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