Novo Resources Corp T.NVO

Institution Holdings

[gaserx2]

NVO-CA: 1.56 -0.06 (-3.70%) (cnbc.com)
Not sure who is the wisest of investors. Some of the posters on this board or the institutions that are holding millions of shares. If the institutions are wrong on NVO then they are the dumbest investing group on the planet. Although they could be wrong about NOVO. But I wouldn't in this case bet against these holders of this stock. VanEck and Sprott to name a few.. IMHO.

[mortgages101]

Sprott already took the tax loss. Sold his shares to a charity. 

[gaserx2]

Perhaps the shares he held personally??  According to the holders report Sprott Junior Goldminers still holds a position. Unless the reporting process is inaccurate. Which I doubt. IMHO. Novo-   Institutional Ownership

[gaserx2]

Further to the holding info. 2176423 Ontario Ltd. is Eric Sprotts Holding Company They according to the report are the largest shareholder of Novo with 22.9 Million shares. Attached as well is a copy of their holdings. Scroll down and view the report. Interesting.  All Stocks Held By Sprott Inc. (holdingschannel.com)

[HacksawHenry]

This post has been removed in accordance with Community Policy

[mortgages101]

Gaser you posted a list of Sprott INc holdings. Note that Eric Sprott and Sprott Inc have no affiliation.  you also say to scroll down that Sprott Inc own 22M shares. Well I can scroll down to see Sprott inc owns $22m worth of Nova Gold. Not Novo. Lol 

[gaserx2]

mortgages101. Thankyou for that info. In further checking I think the top Institutional Holdings report has things all screwed up. I don't think I will rely on that info much going forward. Cheers.