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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF | T.NVO.W.A

Metals & Mining Gold
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

Novo Resources Corp > Tradeahead : 50% of NVO market cap is NFG + cash
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Comment by Rainman1on Oct 26, 2021 3:45am
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Post# 34048282

RE:Tradeahead : 50% of NVO market cap is NFG + cash

RE:Tradeahead : 50% of NVO market cap is NFG + cash

I just looked closer New Found Gold myself and it truly has hugely impressive potential! QH positioned Novo's 10% ownership of NFG in early 2020 prior to gold's run up and NFG since proceeded to go up about 10x. What is the present value of Novo's holding of NFG now?    My estimate is about $150M. 

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