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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

Comment by TXRogerson Aug 14, 2020 5:24pm
188 Views
Post# 31410807

RE:RE:RE:RE:Tx, why is it better for KL not to take over Novo?

RE:RE:RE:RE:Tx, why is it better for KL not to take over Novo?

GoNovo2014 wrote: Tx and SS, 

Thank you, both.

GoNovo2014


It's rather strange how the mighty and affluent Kirkland Lake seems to have satisfied itself by selling 3% of its Novo stake for a $2.5 million pittance.  Incrementally from June to the closure of this last PP.

The post closure period between Aug 25 and Sept 06 will be extremely interesting.  Much more interesting that this recent (and long expected) MOY acquisition.

Tx


 

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