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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 Monkeydonkeyon Jan 25, 2018 3:17pm
349 Views
Post# 27434740

Warrants excercised caused the drop in price

Warrants excercised caused the drop in priceWarrants were excercised recently, and brought in some cash. But probably the one buying the warrants (probably around 0.9) sold them immediately into the market.

Great interview, QH finally gave us something. They are doing a great job, that mobile processing plant is amazing news! Wonder what the price will be.
And very interested in the plan for the down dip.

Lots of things going on, this wont go back to 2.5cad i'll tell you that!
Close over 3 or 3.1 would be great!
Bullboard Posts