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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 Redflameon Aug 24, 2020 9:19pm
157 Views
Post# 31448395

RE:The index thing

RE:The index thingBack in 2017 and 2018, how many of you thought that the Kirkland Lake warrants would expire with the share price one-half of the exercise price?  What a joke this company is.  Jumping to a new project every year basically abandoning the last great project.  It looks like Egina and Comet Wells will take 11 years to get into production just like Beaton's Creek.  Oh well, only 8 years to go for Comet Wells and 9 years for Egina.  Beaton's Creek might support the current share price but won't raise it.  But take heart, the warrants in the lastest deal will probably never be cashed at $4.20 a full share thus reducing dilution.
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