RE:RE:Just a Perfect Day in the Many Perfect Days to Followronreagan wrote: Good information. This tells us that QH gives most importance to Novo, then Irving, then Mont, then Eskay. That's good to know.
This all holds water until QH decides to sell, which I'm thinking isn't going to be happening for a long time, as he receives a nice salary from Novo (and maybe others for technical advice), and my take is he is excited about Novo's future.
QUESTION: If a Chairman and President of a company was worried about the company not being able to pay his salary, WHY would he agree to LOWER the company's line of credit?
CRICKETS .....
MONT is defunct, so I removed them. The weighting towards Novo increases:
| Trading Symbol | Market Price | Investment Type | Balance | Trading Market Value $CAN | Percent |
| $NFG | 5.05 | Common Shares | 115,300 | 582,265 | 3.45 |
| $NVO | 2.78 | Common Shares | 3,160,000 | 8,784,800 | 52.02 |
| $NVO | 1.34 | Warrants | 10,500 | 14,070 | 0.08 |
| $TBR | 0.31 | Common Shares | 70,000 | 21,350 | 0.13 |
| $KUYA | 2.67 | Common Shares | 151,960 | 405,733 | 2.40 |
| $IRV | 2.34 | Common Shares | 2,073,500 | 4,851,990 | 28.73 |
| $ESK | 2.18 | Common Shares | 900,000 | 1,962,000 | 11.62 |
| $CN | 0.23 | Common Shares | 400,000 | 92,000 | 0.54 |
| $TSG | 0.28 | Common Shares | 35,000 | 9,800 | 0.06 |
| $NVX | 0.27 | Common Shares | 225,000 | 59,625 | 0.35 |
| $PRG | 0.18 | Common Shares | 581,250 | 104,625 | 0.62 |
| | | | Total Value $CAN | 16,888,258.20 | 100.00 |
And Novo Holdings:
- Calidus Resources (ASX: CAI) • 5,138,537 ordinary shares • ~1.50% undiluted interest
- GBM Resources (ASX: GBZ) • 11,363,637 ordinary shares • ~2.62% undiluted interest
- Kalamazoo Resources (ASX: KZR) • 10,000,000 ordinary shares • ~7.64% undiluted interest
- New Found Gold3 (TSXV: NFG) • 15,000,000 common shares • ~10.09% undiluted interest
- American Pacific Mining (CSE: USGD) • 266,666 common shares • ~0.41% undiluted interest
- Elementum 3D6 (unlisted) • 2,076,560 common stock • ~12.57% undiluted interest
Tx