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Bullboard - Stock Discussion Forum Novo Resources Corp T.NVO

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

TSX:NVO - Post Discussion

Novo Resources Corp > Ever heard of eating crow?
View:
Post by ValuePro on Dec 20, 2023 10:00am

Ever heard of eating crow?

But the market seems to like the news.  Further obligations are squashed, and Novo gets some equity, too.  Onward and upward from here 

VP in AZ


Comment by bull_runz on Dec 20, 2023 10:14am
This will put Novo's missteps behind them :)
Comment by mortgages101 on Dec 20, 2023 10:36am
I wouldn't call evaporating 90% shareholder destruction and blowing through $250m a misstep. But to each their own.  Company is better off getting ride of that liability. Though they are still on the hook for $15M for something they spent $250M on while selling it for $250,000.  As the pumpers you to say. QH was playing 3D chess.
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