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 6,700 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 lithium joint ventures with both Liatam and 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

Post by willibrichon Oct 02, 2017 5:10pm

370 Views

Post# 26768183

Significant Short Squeeze yet to be seen

Latest short sales data for NVO listed at www.shortdata.ca shows that as of today NVO has seen 6,215 short sale trades for a volume of 3,216,504 shares traded in the time period Sept.18 to Oct 2 , 2017. These short sales constitute 25.213 % of the volume of shares traded during the last 2 weeks. Significant short squeeze approaching. NVO shares are moving to stronger hands.

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