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.

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Comment by doscoon Dec 30, 2020 9:07am

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Post# 32195950

RE:RE:So

Hi Tx,
thats the ONLY way now "to buy in open market"... there will be no more pp (and fonds wont go out soon).
:-)
cheers,
dosco

TXRogers wrote:

FishinFerHooks wrote: .. heres the good news. RH bought a material $ worth of shares. I dont remember him doing so previously. Having read answers to questons posed to him over on ceo 6 months ago I noted that he was forthright, non promotional, and careful in his answers. He was optimistic about what they were finding,and regarding sorters etc, but made it clear that time would tell how things panned out. Thats what I remember.

So him buying shares means more to me than insiders voting themselves millions of options.

Hooks

Yes, it is quite telling. I believe RH already holds just over 2.5 million options already.

So buying a significant amount on the open market at current prices (on top of his options) is exactly what retail investors should be looking for as "a positive" signal.

Especially ones that have been considering an entry point but have not yet pulled the trigger.

Tx