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Novo Resources – Updates on Karratha, Beatons Creek, and Egina

Cory
May 30, 2019
Comments (6)

This month has been busy in terms of news for Novo Resources (TSX-V: NVO & OTCQX: NSRPF). Quinton Hennigh joined to recap all of the news, including the Karratha Project mineralization report, Egina Project general update, and Beatons Creek mining approval. There is a lot going on with Novo this year.

If you have any follow up questions for Quinton please email me at Fleck@kereport.com.

Click here to read over all the news releases we discussed in the interview.

Australia Exploration Exploration stocks Gold stocks Novo Resources
Discussion
6 Comments
    spacenormal
    May 30, 2019 30:18 AM

    Great interview! This from Hedgeless Horseman around april 23th 2019 New novo mining leases from karratha to port Hedland.Beachfront and ocean mining leases. What does this tell us?Only mentioned by him one time as far as I know.
    http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1eaevi2-new%20staking.jpg

    Bonzo Barzini
    May 30, 2019 30:42 AM

    I just bought more Novo@1.42, the yearly low. Now watch it break down below the low and fall to a buck… Matthew and Doc will finally have a chance to get on board.

    Charles
    May 30, 2019 30:18 PM

    I think now is a good buing opportunity, but I have enough shares already and so I would rather add after it breaks the downtrend line from 2017 high which I have around 1.60 today. All the indicators are pointing down currently on the daily chart.

    RICHARD/DOC
    May 30, 2019 30:28 PM

    Bonzo and Charles, you’re correct about Novo. I’m licking my chops and getting ready to purchase. I sold when this stock took off months ago and warned that it was headed back down. Now I want to get back into it. You’re also correct about it wanting to break lower. The daily, weekly, and monthly charts are all saying that the odds are it moves lower.

    Charles
    May 31, 2019 31:24 AM

    As always thanks for your thoughts Doc. A lot of positives going on that have not been built into the stock. I am looking forward to the ride up.

    Bonzo Barzini
    May 31, 2019 31:43 AM

    Thanks, Doc. If Quinton has indeed found another Wits then NSRPF might have an ounce of gold or more per share, and if gold goes to 2500 then their gold should be worth $100 per oz in the ground. And since I think gold is going to 5K then NSRPF could go to hundreds of bucks per share… But I am not greedy; I have some sell orders in at 50, 100, 150, and 200 U.S.bucks. I wonder if MUX will be higher than NSRPF and Irving when gold goes to 2500? Maybe Matthew can tell us? Better own all 3 to be safe.