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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 28, 2020 3:55am
217 Views
Post# 32186505

GOOD NEWS

GOOD NEWSSumitomo, Sprott, and Creasey disagree with DocCopper.

Doesn't Sumitomo have a reputation for slow, very low, informed, and yet deliberate action on their investments? They must see something in Egina that DocCopper does not. 

Admittedly, I do not like the fact that Sprott recently sold down to an amount that makes it so he no longer has to telegraph his moves. Yet, he continues to hold a respectable percentage - and he did follow through on the loan.
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