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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

Post by ronreaganon Aug 13, 2020 10:08am
260 Views
Post# 31402756

TX!

TX!Hey TX, I'm a Louisiana guy, but I LIKE you 'cause you know things - hahahaha!

Your comment about KL making 100% if they exercise when the price is 12.00 confuses me (maybe I have it all wrong).

If KL buys at 3.25 when Novo is selling on the market at 12.00, wouldn't that be an immediate 300% profit? Please set me straight on this - not too good at properly analyzing the effet of warrants/options and your comments are greatly appreciated.
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