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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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Post by ronreaganon Aug 13, 2020 10:08am
261 Views
Post# 31402756

TX!

TX!Hey TX, I'm a Louisiana guy, but I LIKE you 'cause you know things - hahahaha!

Your comment about KL making 100% if they exercise when the price is 12.00 confuses me (maybe I have it all wrong).

If KL buys at 3.25 when Novo is selling on the market at 12.00, wouldn't that be an immediate 300% profit? Please set me straight on this - not too good at properly analyzing the effet of warrants/options and your comments are greatly appreciated.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities