RE:RE:Some of you may be shocked at this questionAn interesting (imo) aside on QH and Novo Resources -- Included in the many marketable securities owned by Novo Resources there are 15M shares of NFG which have a current mkt value of $185M. The entire debt obligation of NOVO is only $120M. So this one investment is worth more than the entire debt load of the company -- a situation that I have never seen in the junior mining sector.
Naturally, there are escrow covenants on these shares and penalties on pre-payment of debt obligations so they won't be cashing in any NFG shares for a long time, however, how often do you run into a company where the entire debt could be cancelled by only actioning a portion of a non-core business asset.
Simply amazing and who knows how much this could be worth to them in 18-24 months!!