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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 Nov 14, 2020 6:52am
129 Views
Post# 31900760

RE:RE:RE:RE:Wiseguy and Tx!

RE:RE:RE:RE:Wiseguy and Tx!Hmmmm, Kirkland Lake has 28 million shares and its selling about 4 million every year.  That would be only 7more years to go.  Of course if the Novo share price starts to go up then Kirkland Lake will just dump more shares per year.  You can kiss any major jump in the share price goodby until Kirkland Lake is done dumping.  Could be years before that happens.;  Gold bull markets don't last forever.  
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