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Bullboard - Stock Discussion Forum 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... see more

TSX:NVO - Post Discussion

Novo Resources Corp > finally they are dumping
View:
Post by prouditalian on Nov 26, 2020 10:07am

finally they are dumping

IMO, this was Tonys worst move at KL. He listened and got intimidated by Sprott into this and unfortunately the BOD did not have the nutz to say no.
Comment by TXRogers on Nov 26, 2020 10:12am
I will say it again.   KL would never have become a major under the current management.  Regardless of Novo. Tx  
Comment by Goldbug52 on Nov 26, 2020 10:28am
BS!!!!! They bought Detour under current management! This is what made them a major! Eric Sprott was no longer part of the team when this happened! The Detour buy has turned out to be brilliant! Are you worried that you'll lose your PR job with NOVO now???
Comment by Rhino10 on Nov 26, 2020 10:31am
He will be okay until Novo are 50 c a share - up by the stairs and down by the lift ! 
Comment by tbnorthstar on Nov 26, 2020 10:49am
You must have missed history class Goldbug52. Yes, buying the gravel pit put them into the majors but it was well before then that KL was built. By the way, they may have made it to the "majors" production numbers wise but definitely in the "minors" when the stock market reacts to the Detour deal as the did/have. Lawsuits over a great purchase? Think about it.
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