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.

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Novo Resources Corp > huger

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Comment by TXRogerson Aug 16, 2020 6:09pm

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Post# 31415490

RE:RE:RE:RE:RE:huger

firewitch wrote:

roberto146 wrote: "[Buffet] took no delivery of the physical I believe"

Buffet ended up buying up to 130 million oz silver in the late '90s for up to 5 dollars an oz, physical, held in London, and despite calling derivatives 'financial weapons of destruction' he sold covered calls at 7 dollars, which were eventually stopped out, causing him to make delivery.
Coincidentally, in 2006 SLV was created by Barclays Bank starting with 130 million oz of silver, 13 million shares, each worth 10 oz silver.

Cheers ...I always thought that “All roads lead to Rome” and what a coincidence .
FW