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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Metals & Mining Gold
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

Novo Resources Corp > OlieBollenBilly and the Wisguy
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Comment by Redflameon Jul 06, 2020 10:52pm
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Post# 31231991

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:OlieBollenBilly and the Wisguy

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:OlieBollenBilly and the WisguyTx, you're just like a politician, you don't address the central issue unless forced.  Novo is going to pay between $75 and $100 million for the mill and tenement rights (IMO which I freely admit could be bullsh!t).  If Novo does and Sumitomo foots the bill, then Sumitomo is going to want 40 percent if not 50 percent.  It gets to the point where the stock price value is so diluted that the share price can't go up much.  I'm glad I don't own this stock.  The people who run it have mortgaged the future away to Sumitomo.
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Dealroom for high-potential pre-IPO opportunities