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 cigarbuttson Nov 06, 2017 1:37pm

301 Views

Post# 26912847

Correction

It's arm's length transactions all the time that get reported as less than arms length.

Someone's going to make an offer for one of these juniors and the fairness opinion will be based on the 15 day Weighted average stock price of the junior plus a 25% premium, with nothing in there about the assets and the assays and the trenches and the drills?

Are they just trenching and drilling in Downtown Purdy's and not anywhere else along the 65K beachfront?

Fly a drone over it once a week and notice the changes in the recon photo's!

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