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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Novo Resources Corp. is engaged in evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. The Company explores and develops its prospective land package covering approximately 7,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia. The Company operates through two segments: care & maintenance operations and exploration operations.


TSX:NVO - Post by User

Bullboard Posts
Comment by Markedtofutureon Oct 09, 2017 7:20am
324 Views
Post# 26791536

RE:RE:This is hilarious ! Thread from HotCopper

RE:RE:This is hilarious ! Thread from HotCopperTx, things definately got heated prior to the JV. Take the Morarity article for instance.

On an Australian chat board called Hot Copper Artemis Chairman David Lenigas began to post cheap shots at Novo before the definitive agreement terms were agreed to. Posting as werdna007 (I suspect Lenigas also sees himself as the reincarnation of James Bond as well) he says, "ARV own 100% of Purdy'S. NOVO own 0% at the moment. NOVO's MC has risen more than $400m on ARV's tenement. Stay tuned.”

Today's thread
 
09/10/17
Time:
18:48:40
Post #:
27772050
 
werdna007             millsking, I am not DL and never was

We do know that ARV dragged their feet and asked for the 4 million shares of NOVO. The helicopter pilot that discovered the area sold the idea to ARV first. They knew they had something. How big would it be? Did ARV err on the side of shareholders? Did ARV suffer from premature speculation or did they think they were giving it away?  Was it a fair price? Only time will tell.



https://hotcopper.com.au/threads/this-is-hilarious.3742458/page-19?get_post=true#.WdtQZVuPLIU


 
Bullboard Posts