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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Comment by Monkeydonkeyon Jan 24, 2018 3:34am

151 Views

Post# 27421809

RE:RE:Novo - KL

TXRogers wrote:
Anything is possible. But I don't believe KL will act out so harshly on NVO so soon. They only jumped in heavily last September. And the scenario you describe above does not serve NVO shareholders well. And remember who is the largest individual NVO shareholder, and a KL senior executive as well. Tx

I know, but i cant see why he wouldnt be buying novo right now, if it wasnt the plan all along to take over cheap.
He's still buying ggi every chance he gets.
He also sold newmarket cheap to KL. He likes to combine his company's. Given his age, thats a lot less meetings to go to...

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