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Bullboard - Stock Discussion Forum Novo Resources Corp. T.NVO

Alternate Symbol(s):  NSRPF | NVOOF | T.NVO.W | T.NVO.W.A

Novo Resources Corp is a company engaged in the business of evaluating, acquiring, and exploring natural resource properties with a focus on gold. The organization has business interests in properties located in Australia, Canada, and the USA. Its projects include Beatons Creek Property, Millennium Property, Blue Spec; Paleo-Placer; Comet Well, and others.

The Market Herald Price Sensitive
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Jimbo the ding dong

jimbowie Today's NR shows not much Capital Gains Tax on the sale of NFG stock. Excellent. Up to $15 m ding dong. Unless they have capital losses to offset against. And a capital loss is...read more

RE:Yoo hoo

Bummer. I will retract that as they might have offsetting capital losses to offset against. We shall see. Mebe. And mebe not. Snoz  rate and reply

Dynacor Reports a Quarterly Net Income of $2.6 Million in Q2-2022 and Sales of $53.9 Million

Dynacor completed the three-month period ended June 30, 2022 with quarterly sales of $53.9 million and a net income of $2.6 million (US$0.07 per share) compared to sales of $42.8 million (a 25.9% increase) and a net income of $2.2 million (US$0.06 per share) for the second quarter of 2021 (a net income increase of 18.2% compared to 2021). ...read more

Yoo hoo

Note 27. Thats a $15m tax bill fellers. And thats coming straight out of cash. Ouch? Snoozy  rate and reply

Notes to financials

In addition, the directors may choose to secure additional funding by raising capital from equity markets or other sources should market conditions present favourable terms.(hello future financings) ...read more

Simplified cash burn for Snozzies

Cash Mar 31                22m Cash June 30th              6m      ($75m- 69m Sprott tranche 1 recevd) Cash...read more

I think instead

of always mentioning how they are "debt free" they should start talking about they are "value free", or "profit free". 6 consecutive qtrs of "profit free"...read more

Counting it school

June 30th 2022 ST assets                 $148 Marketable sec            19 Explo eval assets          0 ...read more

New Press Release - Novo Reports Q2 2022 Financial Results

VANCOUVER, British Columbia, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) reports its financial results for the six-month period ended June 30, 2022. All amounts are expressed in Canadian dollars, unless otherwise...read article.

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Only 38$ m loss

Thats better than a kick in the crack eh hosehead.  Snozzy  rate and reply

Eh Hoser

Im just waiting and playing with myself. Do you know at what time the financials will be out? Snozz  rate and reply
@ the Bell: TSX touches 9-week peak
Weaker-than-expected Chinese data revived fears about a global economic slowdown on Monday, putting a dent in oil prices and sending energy stocks tumbling. Canada’s main stock index fell from its... read article.

RE:RE:I think the game plan

Well we will see wont we. Its now 4 pm and financials are due today by midnight. I dont see them posted do you hoser? Snozz  rate and reply

RE:I think the game plan

Nonsense  rate and reply

I think the game plan

is to put financials out when everyone has gone to bed and hope no one notices. The Snozzeler  rate and reply

RE:RE:What hit the markets today?

I would run you over eh hole but youre braindead and theres not much enjoyment in that anymore. Bucco  rate and reply

RE:What hit the markets today?

China lowering interest rates?  That's profound.  Other countries may have to follow to stay competitive with China's goods.  And this morning's oil price hit a new low for...read more

What hit the markets today?

"...China’s central bank unexpectedly announced it is lowering interest rates and adding liquidity to China’s financial system after some dour economic data reported for the world’s second...read more

Bring out the bimbos

Said the sleazy stripper club owner trying to recruit the girls next door. Flashdance, what a feeling oi. Love that line. Give ole Bucco the numbers. Dont wait until 11:59 pm which is the deadline...read more

$22 m cash burn

So says Bucco.  What a waste. Australia will be saddened when Nvo goes knobs up.  Bucc  rate and reply

Jimbo

jimbowie Novo made $100 million in profit on the NFG stock sale based on the Novo share price at the time the NFG stock swap closed. Don't know what the capital gains tax will be. Novo has...read more

Credit facility

Short term March 31   12.5 m Long term March 31    31.4 m Carrying value           $44m Paid to Sprott             $51.4m today ...read more