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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 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

Comment by TXRogerson Jan 07, 2021 8:07pm
393 Views
Post# 32250861

RE:RE:RE:ES is not KL

RE:RE:RE:ES is not KL
BiffaloBo wrote:
BiffaloBo wrote:
TXRogers wrote: Slide 4 of the New Year

https://www.novoresources.com/_resources/presentations/corporate-presentation.pdf

Continues to hold just under %10

Tx

 

 


Technically incorrect as the shares were donated to the foundation I believe. So he already got the writeoff personally. 

 

Biff

 


Meaning Eric personally doesnt care if the stock drops other than knowing that the foundation will raise less money when it disposes of the shares.

 

Bifflo



Holding almost 10% of Novo on the eve of production isn't exactly an exercise of being oblivious or potentially "dumping stock".

Did you think that Novo financed and purchased the MOY mill without the blessing of ES?   

Tx


 

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