Novo Resources Corp T.NVO

New Press Release - Novo to Acquire Remaining 50% Interests in Belltopper Gold Project, Victoria, Australia

Novo to acquire remaining 50% interests in the adjacent Queens and Malmsbury gold joint ventures in Victoria, AustraliaAs a result, Novo will have sole ownership of the Belltopper gold project (“Belltopper”) in the prolific Bendigo Tectonic Zone of Australia’s Victorian GoldfieldsConsolidation of...read article.

[ValuePro]

This is excellent news, but let's see how the market responds.  Longer term, it may take advances in this exploration, AND OTHER projects to kick-start renewed interest in PM explorers.   

[Perambulator]

Oh dear...... While Novo had only a share in this extremely difficult project there was some restraint shown in progressing the project as its he type of project that needs carefull analysis and any drilling must be thoroughly researched before committing funds. Now Novo are free to just throw money at the priject and drill nilly willy in their usual wasteful style without reguard for project