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Nova Royalty Corp V.NOVR

Metals & Mining Industrial Metals & Minerals
Nova Royalty Corp. is a royalty and streaming company. The Company is focused on acquiring copper and nickel Net Smelter Return Royalties (NSRs), Gross Value Return Royalties, Net Proceeds Royalties (NPRs), Net Profit Interests, Gross Proceeds Royalties, Gross Overriding Return Royalties, and non-operating interests in mining projects that provide the right to the holder of a percentage of the gross revenue from metals produced from the project or a percentage of the gross revenue from metals produced from the project after deducting specified costs. Its principal royalty assets acquired consist of Taca Taca, NuevaUnion, Copper World Complex, Josemaria, West Wall, Dumont, Vizcachitas, Dumont, Twin Metals and others. Taca Taca is a porphyry copper-gold-molybdenum project located in northwestern Argentina in the Puna (Altiplano) region of Salta Province. Aranzazu is a copper-gold-silver deposit located within the Municipality of Concepcion del Oro in the State of Zacatecas, Mexico.


TSXV:NOVR - Post by User

Nova Royalty Corp > What gives?
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Post by MarlinLongon May 19, 2021 4:18am
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Post# 33228205

What gives?

What gives?I am losing my patience with Nova. We re stuck in the 3's, copper has increaed massively YTD yet no movement in Nova. Most oher copper equities are up substantially YTD. Unfortunately I invested after the big rally at the end of 2020 so I am underwater.

So as a royalty play Nova should be moving in tandem with the underlying projects which presumably all have gotten that much more valuable YTD with the big increase in copper prices but yet Nova doesnt move....what gives?  Are we still digesting the big Q4 2020 move? Are their large sellers sitting on the bid?   Alex please feel free to chime in...thanks
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