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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

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

Bullboard Posts
Post by gatewaon Nov 30, 2017 12:45pm
200 Views
Post# 27064843

Just researched some old News releases

Just researched some old News releases
 
If my information incorrect, I stand Corrected, but what I can find.
 
Mr. Sprott now owns or controls 13,005,692 shares and 10,723,038 warrants 
 
Kirkland Lake Gold (“KL”) as a new strategic investor. The Financing raised gross proceeds of $56,000,000 by the issuance of 14,000,000 units. All of the Units were subscribed for by KL. Each Unit consists of one common share and one shares 
Warrant

These investors are a lot smarter than I am, between them they had invested $ Millions. They also own millions of shares. These investors don't In My Opinion throw this type of Money around for fun.

Sorry Bashers and Shorts. This is good enough for me to hold on to my shares and add more.

 Always do as you feel 
 Not what you hear  



Happy Investing To all
Bullboard Posts