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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

Comment by ronreaganon Jan 13, 2021 3:50pm
244 Views
Post# 32287239

RE:RE:RE:RE:WOW, BIG-TIME BOARD MEMBER

RE:RE:RE:RE:WOW, BIG-TIME BOARD MEMBERWell Darkie, companies HAVE to have members of their BOD, and we most certainly do NOT want Humpty-Dumpty sitting on our BOD. When one sits on a BOD he has duties toward the shareholders, the breach of which is actionable/compensable in a court of law. Members of BODs have LOTS of responsibilities - and they SHOULD be paid for it. Have you ever sat on a BOD? Try it, and I guarantee the FIRST thing YOU do is obtain a D&O policy, unless the company pays for it for you.
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