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

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Post by jongguaon Oct 23, 2017 2:01pm

192 Views

Post# 26845897

lending out novo shares for short interest

thanks for the info about fidelity.

IB splits the going rate, which can change daily, 50/50. I don't know about minimums.

Fidelity gives YOU 60%, but requires $250K in assets. the rate paid is also subject to daily change, and is automated by computer.

Dunno about other places...

I have 5 digits of shares avg price under a $1 and am in this for the long haul provided news flow continues positive. These kind of programs are very intriguing!

coincidentally, I would guess IB would be able to facilitate the buying/selling of these non US otcbb traded Aussie juniors too like the newly touted by jonathanc PIO.

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