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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 mrbubbaon Dec 07, 2020 11:00am
154 Views
Post# 32049169

QH MAKING BAD DEALS? INSANE. PERIOD.

QH MAKING BAD DEALS? INSANE. PERIOD.Some guy on CEO.CA talking about QH:

"His business dealings have been in my opinion poor. Novo seems to be on the wrong side of deals more often than not."

Actually, an exploration company that has somehow managed to avoid shareholder dilution by making ASTUTE deals is the EXCEPTION rather than the rule in this sector. If you're an exploration investor, then you have DEFINITELY see deals where financiers and other majors have bent the shareholders over the chair in ways you wouldn't believe! I think most people look at Novo and see that the BC Mill will be THEIR TICKET to NOT having to dilute shareholders? Even if one capitulates and concludes that BC will only provide MINIMAL funds for forward exploration, THAT is better that just about all the exploration companies out there who have to sell their souls to IPs and other equity deals. People who criticize our brilliant QH on this turn of events are not ..... I'm just going to say it ..... sane. Novo Resources is the best deal out there. Ask yourself this: What otehr exploration company out there can say it is anticipating PRODUCTION in two more months? Stay on your meds, bashers - you're gonna need them.
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