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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
Comment by Rroozeon Mar 08, 2018 3:18am
117 Views
Post# 27680901

RE:RE:ES exercised his warrants

RE:RE:ES exercised his warrants
TXRogers wrote:
Rrooze wrote: Some 1.6 extra shares for the man. Not yet on canadian insider but through SEDI.



A couple of question for you Rrooze:  Why do you think that ES is really purchasing more shares in NVO?  And why would he not purchase more KL?  Similar to how I am also positioning my investment now that Comet Well activities have commenced.  And it has nothing to do with the gold we already know is there.

In my new found status as a chief spymaster, I don't want anyone to suggest that I am anything more than just a retail investor who pays attention to details.  And enjoys gambling at the table with the players maybe a little too much.

Hint:  Maybe ES already told us why.

Tx

Tx, agree with waitingstill on the matter that ES hasn't got any KL warrants that expire tomorrow that are deep in the money. 

But what's more meaningful to me is the fact he could've easily taken a massive profit (+3mil) with his personal investment firm but chose not to. The man is aging but still very sharp in the mind. I will repeat something I read on this board a couple months back and that kept wooing in my head: 'At age 72, what's left is family, friends and love for winning the game'. Give the author of this a statue.

BTW, details are all that matter here and the things most seem to miss. With your investing experience, you just see these better than most of us.

And thankfully you already know how to start a computer, calculate distances between two addresses in Google maps and typing those conclusions on this board. ;-) 

Forever grateful and keep it up Sherlock, 

Rrooze 


 

Bullboard Posts