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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 BetontheFed1on May 10, 2021 8:09pm
98 Views
Post# 33170818

RE:RE:RE:New Found Gold Acquisition

RE:RE:RE:New Found Gold AcquisitionI can see why Novo released the news on NFG.  It's some good news in a sea of bad news.  It's pathetic actually.  They closed on a stock they acquired 14 months ago by giving NFG over 6 million shares. I'll bet NFG was holding its breath on whether Novo would actually go thru with the deal being that Novo shares have gone up so much in value since 14 months ago. LOL.

 But it does represent 50% of Novo's value according to the last review by Seeking Alpha.  While many have panned CRUX and Seeking Alpha's assessments those assessments have proved accurate.
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