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 6,700 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 lithium joint ventures with both Liatam and 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 JintsuGehanon Jun 12, 2018 9:35am

106 Views

Post# 28158801

RE:RE:RE:JV from KL or a major coming?

Contact Mark Utting. The reason was to re-gain their 18.1 % stake and the opportunity came through the Artemis desire to dispose of their shares to KL. FACT. He is very approachable and a great IR guy. Yes I know KL is not an ETF... I also speak for many, who have enough of sinking in nearly $ 100 M when the funds could go to Shaft # 4 project at Macassa. JIN

MacStockMarket wrote: Companies like KL are not ETF's or Like Instruments where they need to refloat or rebalance.

The KL purchase was an opportunity to aquire another sum of shares in a private transaction.

The shares available were defined by the seller, not the buyer. Therefore the percentages are irrelevant. IR, will always provide a simple matter of fact explaination for every transaction. That is their job.

I am also a holder of KL shares, so when you make statements like, "We KL shareholders have ample NVO exposure now and don't want any more!" You are speaking for yourself, not on behalf of all of the "KL Shareholders"

You are right though in the fact that ES reads these boards.

Cheers,