Novo Resources Corp (NVO-X) Stock Predictions - Stockchase
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Novo Resources Corp (NVO-X)

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Golds

Novo Resources Corp

NVO-X

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Novo Resources Corp (NVO-X) SAVE Mar, 25, 2019, 1:31 pm

3.01 0.08 (2.59%)

What the experts are saying about NVO-X



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DON'T BUY
They are a developer, early stage, and looked to be on to a big discovery. Now it looks like a lower grade but economic mine. If you look at the valuation, it still looks like they are onto a high grade discovery. He would move on.
Golds
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They are a developer, early stage, and looked to be on to a big discovery. Now it looks like a lower grade but economic mine. If you look at the valuation, it still looks like they are onto a high grade discovery. He would move on.
Golds
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Jon Case

Portfolio , Sentry Investments...

Price Price
$2.760
Owned Owned
Yes

DON'T BUY

He doesn’t buy into companies that don’t have revenues or very likely revenues in the near future. He’s always worried about dilution and debt loads.

Golds
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He doesn’t buy into companies that don’t have revenues or very likely revenues in the near future. He’s always worried about dilution and debt loads.

Golds
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Benj Gallander

President, Contra the Heard Inv...

Price Price
$4.660
Owned Owned
No

COMMENT
Novo Resources Corp(NVO-X) 

October 2, 2017

Thinks they might have something here, so he is willing to Hold. It’s a big land package. The proof in the pudding is going to be an actual drilling program. They’ve taken a few samples from trenches that has given them some incredible grade, like 60 g. Have now permitted for a drill program to do some diamond drilling, because they are looking for the big conglomerate layer. Within the conglomerate, that is where the gold is. This will be followed by some reverse circulation to sample that, and that is where we will find if something is there.

Golds
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Thinks they might have something here, so he is willing to Hold. It’s a big land package. The proof in the pudding is going to be an actual drilling program. They’ve taken a few samples from trenches that has given them some incredible grade, like 60 g. Have now permitted for a drill program to do some diamond drilling, because they are looking for the big conglomerate layer. Within the conglomerate, that is where the gold is. This will be followed by some reverse circulation to sample that, and that is where we will find if something is there.

Golds
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Joe Mazumdar

Editor & A, Exploration Insights...

Price Price
$7.500
Owned Owned
Yes

COMMENT

He is fond of the management team.  The stock has been on a run because of the surface discovery.  His partner is a very large shareholder.  He wants more technical proof of concept.

Golds
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He is fond of the management team.  The stock has been on a run because of the surface discovery.  His partner is a very large shareholder.  He wants more technical proof of concept.

Golds
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Rick Rule

Pres. & C, Sprott USA...

Price Price
$2.500
Owned Owned
No

COMMENT

Their project is in Australia. They came up with an interesting idea which created quite a bit of interest. However, they haven’t put together the big continuous reefs that they have in south Africa. Part of the problem is that Australia has a lot more Techtronic displacement and thrusting, and the jigsaw puzzle is not sitting there nice and clean. Right now they are focusing on one of the areas they did find, to develop a small scale mine and turn it into a cash cow.

Golds
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Their project is in Australia. They came up with an interesting idea which created quite a bit of interest. However, they haven’t put together the big continuous reefs that they have in south Africa. Part of the problem is that Australia has a lot more Techtronic displacement and thrusting, and the jigsaw puzzle is not sitting there nice and clean. Right now they are focusing on one of the areas they did find, to develop a small scale mine and turn it into a cash cow.

Golds
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John Kaiser

Founder, Kaiser Research Onli...

Price Price
$0.890
Owned Owned
Unknown

COMMENT

They are on to a Witwatersrand basin deposit in West Australia. There is a mineable portion sitting at surface that they are trying to get going, and he has no doubt that there are millions of ounces there. What portion of that is economic, he doesn’t know. Have done a fantastic job, and the stock has come off quite a bit.

Golds
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They are on to a Witwatersrand basin deposit in West Australia. There is a mineable portion sitting at surface that they are trying to get going, and he has no doubt that there are millions of ounces there. What portion of that is economic, he doesn’t know. Have done a fantastic job, and the stock has come off quite a bit.

Golds
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Brent Cook

Exploratio, Exploration Insights...

Price Price
$0.600
Owned Owned
Yes

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