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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 likeikeon Apr 06, 2021 3:35pm
120 Views
Post# 32943239

RE:TxR - thanks for your contributions

RE:TxR - thanks for your contributions

In the early fall of 2018 Eric Sprott chartered an aircraft and flew Tony Makuch, President of Kirkland Lake Gold, Greg Gibson and Quinton Hennigh with him to Australia. On October 3rd of 2018 Eric spoke at a mining conference in Melbourne with Makuch, Gibson and Hennigh in the front row. Eric credited Quinton Hennigh with his technical success of the development of the ultra-high grade Swan deposit at Fosterville and with pushing Eric to merger Kirkland Lake with Newmarket. Gibson and Makuch were against the merger.

That hurt Makuch’s feelings. Recently in the month or two before Novo actually began gold production in February at their Beatons Creek project in WA, Kirkland Lake dumped all their Novo shares just to spite Quinton. Anyone familiar with the Lassonde Curve will understand that that is the perfect time to be buying shares in a company at the least risk, not selling. But Kirkland Lake sold

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