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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

TSX:NVO - Post Discussion

Novo Resources Corp > I haven't looked at this one in a while.. what's happening?
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Post by KidAtHeart on May 03, 2024 10:43am

I haven't looked at this one in a while.. what's happening?

Doesn't the TSX have minimum pricing requirements? This used to be a market darling with a much higher share price. Can anyone give me the coles notes here? Wondering if this is a good re-entry price with all considering. Thanks!
Comment by ValuePro on May 04, 2024 4:32pm
I parted with some of my shares last year but will be adding back as I have the funds to do so.  Check the news releases for current activities.  Also, take a look at what other miners own shares.  Yeah, they had a bad start with too much focus on one project that didn't pay off.  They are not the same company now - lots to consider including no debt and cash in the bank ...more  
Comment by Perambulator on May 07, 2024 4:13am
You really do need to study the shocking incompetence that has plagued this company which is still Hennighs company, run by his offsider Spreadborough, who Hennigh wants to replace. But no replacement can be found...who would want to to instructions from Hennigh! Novo has gone from project to project to project all low grade gold projects that were well known to be uneconomic. They spent (wasted) ...more  
Novo Resources Corp