Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 5,500 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. Its key project area is the Egina Gold Camp, where De Grey Mining is farming-in to form a JV at the Becher Project and surrounding tenements through exploration. The Company is also advancing gold exploration at Nunyerry North. It focuses on undertaking early-stage exploration across its Pilbara tenement portfolio. It has also formed a lithium joint venture with SQM Australia Pty Ltd (SQM) in the Pilbara, which provides shareholder exposure to battery metals. Its Belltopper Gold Project comprises the adjacent Malmsbury and Queens projects.

TSX:NVO - Post by User

Novo Resources Corp

Bullboard Posts

Comment by lionelmacon Jun 12, 2017 7:50pm

306 Views

Post# 26354729

RE:RE:from the horses mouth

I am curious about views on the trading volume of NVO? Today 56200 shares traded on the TSX. The TSX average is 94292.The bid and ask are often are often quite separated compared with more highly traded stocks. Is this company that tightly held? It seems like good news would be price explosive. But then the reverse would be true of bad news.I am aware of the Sprott, Newmont etc. holdings. An inquiring mind would be appreciative of any explanations?

Bullboard Posts

Golden Minerals closes Yoquivo gold-silver project sale