Minimize

Welcome!

Novo Resources – A focus on the purchase of the Millennium Mill to fast track the move to production

Cory
August 4, 2020

Quinton Hennigh, President and Chairman of Novo Resources (TSX-V: NVO & OTCQX: NSRPF) joins me for an evening editorial to update everyone on the news released today regarding the acquisition of Millennium Minerals Limited for its production assets.

We discuss everything from timeline to production at Beatons Creek, to a production outlook, and how the other assets explored by Novo will have synergies for production.

Please send me any further questions you have for Quinton – Fleck@kereport.com.

Click here to read over the full news release.

Discussion
43 Comments
    Aug 04, 2020 04:38 PM

    Thanks Cory & Quinton for a good update on the production strategy for the Millennium Mill. Exciting times!

    Aug 04, 2020 04:50 PM

    Nice job Cory getting a timely update from QH on Novo following the huge release today!

    Aug 04, 2020 04:47 PM

    Great interview.
    Did Quinton really say $25 per ton?
    Thanks for all your efforts!

    Aug 04, 2020 04:29 PM

    Ore-sorting will be a key component of mining at Egina, and also important at Karratha. What is the likelihood that ore-sorting can be used at Beaton’sCreek in order to increase the production of gold through the newly purchased mill?

    Aug 05, 2020 05:28 AM

    Well, It looks like another interesting day………..Gold at $2044 ……KIS…S……

    Aug 05, 2020 05:21 AM

    I had .50 as big resistance point on Kootenay but right now premarket is .52 so ……..

      Aug 05, 2020 05:35 AM

      I feel its blow of top time for now…imo

        Aug 05, 2020 05:40 AM

        FED alert………see above…..for reason for take off of gold and pms….

          Aug 05, 2020 05:48 AM

          I wish they’d pull back and give us one more back up the truck chance.

          But looks like that’s not going to happen.

          With a future like this how can the PMs not go crazy? The most radical are starting their take over of the left. Don’t know whether to invest in the PMs or an army of baboons armed with chainsaws!

          https://www.zerohedge.com/political/huge-formerly-homeless-blm-activist-defeats-democratic-incumbent-missouri-primary

            Aug 05, 2020 05:54 AM

            You may as well forget the govt……….it is worthless………the FED has taken over….
            absolutely no hope of a change until ……they are all gone….
            better get your gold and silver while you can……silver is going to be over $49 sooner than most can imagine.

            Aug 05, 2020 05:55 AM

            GRS……………75 to 1……………was 115 to 1 a few months ago…..

            Aug 05, 2020 05:56 AM

            GSR…….not GRS…..sorry

    Aug 05, 2020 05:12 AM
    Aug 05, 2020 05:20 AM

    Chris V says dollar over sold ,could bounce from here and dampen p.m. and recommends protecting profits only for short term traders

    Aug 05, 2020 05:32 AM

    Long term … KIS..S

      Aug 05, 2020 05:38 AM

      Ditto…… 🙂

        Aug 05, 2020 05:34 AM

        Long term..and Immediate term……Gann report this morning……..indicates……possible…run higher ….
        If, I print the number it might scare people…..but, it is past the number I posted the other day, while joking with GLEN…….and that was $2160….
        and well with in the range Oliver predicted…..

          Aug 05, 2020 05:15 AM

          OOTB and after those levels?…some rug pulling?

            Aug 05, 2020 05:43 AM

            I will go check again…..

            Aug 05, 2020 05:59 AM

            the historical charts…..would indicate this market , is close to the same DNA, as 1978 and 2008….so, where there pull backs in those years….YES…but, continued higher….

            Aug 05, 2020 05:05 AM

            Min….1978…….$2173…….2008….$2190……with a run away to $2350….
            based on three factors….1.Overall legs up (historically)2.Run away legs up 3. Break out percentages……and all of these are based on looking at 54 other legs in history…
            Please note…..these are projections based on history….and a lot of other things go into the final…

            Aug 05, 2020 05:17 AM

            Matthew posted this, which I believe is wisdom……just saying…..
            On August 5, 2020 at 10:01 am,
            Matthew says:
            David, at this stage, this action is just what we needed. Top-callers are everywhere and sentiment IS at a bullish extreme overall (but apparently not with the many experts who are now roadkill due to repeated bad calls) so getting today’s gap filled in what looks like a bearish reversal not only serves to reset sentiment but also will cause many to sell too much and even go short. Such people will be our fuel for the next leg higher and that leg will come much sooner than they think. We are on the verge of seeing leverage to the metals return to our miners and those who are short because they think we have an intermediate top or “need” a “significant” correction are going to be very unhappy.

            Aug 05, 2020 05:38 AM

            Also…….Oliver………..(stole this from silver)
            https://marketsanity.com/michael-oliver-gives-market-updates-on-gold-and-silver/

            Aug 05, 2020 05:40 AM

            Start at 8 min mark……..

            Aug 05, 2020 05:44 AM

            Macro…….effects of history……whole different game…..

    Aug 05, 2020 05:45 AM

    Today a little FISH and VIZSLA

    Aug 05, 2020 05:58 AM

    Anyone know why Novo is still halted?

    Aug 05, 2020 05:22 AM

    Had to do a little trimming. Kootenay had become over 40% of tfsa. Not comfortable with that even with how much I love it. Have a couple of other sells in at the right price.

      Aug 05, 2020 05:38 AM

      Hey Wolfster, good day to trim Kootenay, has run up some last few days

    Aug 05, 2020 05:17 PM

    Thanks. I certainly hope so. Got off of a few big movers. No stink buds filled so sitting on some cash.