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 Silverwhereon Nov 24, 2017 5:30pm

192 Views

Post# 27028489

RE:RE:RE:Bob Moriarty called it back in September

Maybe just maybe . . . someone is currently tweaking (read lowering) the 20-day Volume-Weighted Average Price (VWAP) - which lowers the Novo buyout/takeover/merger premium . . .

MomentumMan wrote: When shares get overbought you sell a few. When shares get oversold you plug that money back in. BTFD Unfortunately most on this board like to hold forever and don't understand playing it smart. Now today some are scared selling their shares and by all the 001 activity shorts are owning this like their b1tch.

If QH played this intelligently he would not have released this information about 17" core bulk samples not working out well. WAIT till the dam trench assays are back and put out todays information with those banging results from the trenches. Counter balance the news. Todays announcement was unnecessary for the public.

whynotmoi wrote:
MM, you had one of the best posts a few days ago when you said the guys with hundreds of thousands of shares should've sold a few at $7 US and bought back lower. The process is more balanced and supportive than just holding. At that time, the price was already off a chunk, so too late for me to sell (unless I had known about today, I would not have waited thinking I would see these prices on a pullback).
SWC of course.