Junior gold explorer Novo Resources (CNSX: NVO) checks all the boxes: it's led by a well-known, connected and respected geologist; it has several prospective gold projects (one of which has an inferred resource) in the low-risk jurisdiction of Australia; it has a tight share structure and supportive shareholders (including Newmont Mining [NYSE: NEM], which bought a 35.7% stake in the junior last year); and it has delivered both positive news and an increasing share price over the past three tumultuous years.
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