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.

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Novo Resources Corp > Novo shares reached bargain hunting levels

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Comment by Fabrix72on Jun 28, 2022 6:31pm

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Post# 34788946

RE:Novo shares reached bargain hunting levels

Anither shameless pumper or a know nothing retard. Hey Oxi...CEO is your place...you can find few retards like you over there mate !

oxinos wrote: No one is extolling the deal to sell NFG shares to Eric Sprott. Now they can buy half the shares they had, pay off the $50.0 million owed to Sprott and still have about $40.0 million for exploration purposes! Looking at it another way, after the second tranche is sold to Sprott, and pay off the company's debt, they will have about $0.37 per share in Cash. All properties would be almost free.