Company Updates From Management – Fri 4 Dec, 2020

Novo Resources – Answering your questions on Kirkland Lake’s share sale, sorting field trials and production and cash flow projections

Quinton Hennigh, President and Chairman of Novo Resources (TSX.V:NVO – OTCQX:NSRPF) joins me to answer all of your questions that you sent me over the past few weeks. We start with insights on the recent sale of shares by Kirkland Lake. Next up are questions on sorting trials now moving out of the lab and into the field. Finally a couple comments on the Sumitomo JV and production timelines.

Please email me with any further questions for Quinton. My email address is fleck@kereport.com 

Click here to visit the Novo website and read over the recent news.

On another note – I have an upcoming webinar featuring Vizsla Resources on Tuesday December 8th at 11am PST (2pm EST). We will be focusing on the recent discoveries and current drill program which is one of the largest underway in Mexico. Click here to register for free.

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Comments:
  1. On December 4, 2020 at 1:44 pm,
    Terry Huebert says:

    Australia is not the problem with Kirkland Lake, Novo is the problem. Novo is fumbling around in the desert, chasing it’s tail and the story/strategy will not be successful.
    Just stop following and promoting Novo, it’s flat lining already.

    • On December 4, 2020 at 1:52 pm,
      OOTB Jerry says:

      Good point……..Terry……..they should have been digging up those nuggets they found three years ago…..Like Bobby M said…., although, Bobby has high respect for Novo QH…
      Just my opinion, which is worthless……

      • On December 4, 2020 at 3:19 pm,
        David says:

        Hey Mr Worthless comment…I guess that makes me Mr Worthlesser.
        I thought a good interview by Cory by asking all the questions addressing the concerns since the beginning of the project. QH is constantly being added to companies for his expert knowledge. I don’t think he would sacrifice that for Novo. I am looming forward to them performing as QH says. The game is on for Mr Worthless rating.

        • On December 5, 2020 at 3:21 am,
          OOTB Jerry says:

          Not sure who the comment is directed , nor the intent, since I have not had my second cup of coffee…………so, just in case, If, it is directed in this direction….. πŸ™‚

          • On December 5, 2020 at 3:23 am,
            OOTB Jerry says:

            Oh wait…..I did say,….My opinion ….which is worthless…. πŸ™‚

          • On December 5, 2020 at 12:13 pm,
            David says:

            00TB
            My poor attempt at humor. If your comments are worthless than mine are worth less is alll I was saying. Compliment.

          • On December 5, 2020 at 6:25 pm,
            OOTB Jerry says:

            David….thank you kind sir……sometimes the our writings do not come off as what we intended…..sorry, for all mis intended interpretations…… best OOTb…..

        • On December 5, 2020 at 3:28 am,
          OOTB Jerry says:

          Since I have no stake in Novo……..I could care less what it does……..
          But, I do hope it is successful, and everyone piles in, and makes what they want.
          As I said……Bobby likes Novo and QH, so……there ya go…. πŸ™‚

          • On December 5, 2020 at 3:32 am,
            OOTB Jerry says:

            Since, all my comments are non sense……and worthless, disregard any comments concerning Novo…… signed Mr. Worthless……lol……have a great weekend, in the USA,INCdom.(no disrespect intended)… πŸ™‚

  2. On December 4, 2020 at 1:59 pm,
    Marc Ginsberg says:

    Excellent interview. Looking forward to production.

  3. On December 4, 2020 at 2:55 pm,
    Harry Carey says:

    When the negative posters are most adamant, that’s when I become most interested. Thank you.

    • On December 4, 2020 at 10:29 pm,
      Terry Huebert says:

      Taylor Dart wrote a negative article on Novo at Seeking Alpha.

      • On December 6, 2020 at 8:26 am,
        OOTB Jerry says:

        A few writers at Seeking Alpha…….are just negative people….from my experience of a few years ago…..Avi no. 1 negative …along with Mike….if, he is still there…. πŸ™‚

  4. On December 5, 2020 at 3:22 pm,
    bonzo says:

    I think Novo has a great future and starting next year will produce over 100000 oz of gold a year and a low price. Read what Hedgeless Horseman says on his site. It is his favorite holding, with good reason. BM is writing a new book on Novo coming out next year.