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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 Mineshackon Jul 16, 2021 9:53pm
140 Views
Post# 33564555

RE:RE:RE:Something is not right ?

RE:RE:RE:Something is not right ?"Other "unknowns" that somebody already has the upper hand on" would be very unlikely. Novo's management has demonstrated good control of material information and the intent to protect common shareholder's interest. As an example, the 4/14/2021 news release announcing a C$22 million private placement wasn't preceded by insider selling. 
 

Today was a bad day for gold stocks. No reason for Novo to be the exception.






GUY2012 wrote: If a coss trade....then why bother (other than to rebalance between two different accounts). And, Tax time is over. Such large moves bring into question possible upcoming NR's or other "unknowns" that somebody already has the upper hand on. 


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