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Bullboard - Stock Discussion Forum
Novo Resources Corp
T.NVO
Alternate Symbol(s):
NSRPF
Metals & Mining
Gold
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.
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TSX:NVO - Post Discussion
Novo Resources Corp
> KL
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•••
TELEMARKER
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Post by
TELEMARKER
on Nov 29, 2020 11:24am
KL
https://www.mining.com/kirkland-lake-slashes-stake-in-novo-resources/
(81)
•••
BuccneerIsland
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Comment by
BuccneerIsland
on Nov 29, 2020 11:27am
This post has been removed in accordance with Community Policy
(13)
•••
dosco
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Comment by
dosco
on Nov 29, 2020 3:36pm
quite lame to sell some via exchange to bring th eprice down for the big stake. KL is lol. so obvious that they are just not selling the way best for their shareholders. so why didnt they offer the packager from the beginning for e.g. 3.45? KL was blamed by NOVO as the kid said, ok I dont need your help any longer end btw I dont hand out my treasury chest to you daddy. what did daddy do... ?
...more
(11)
•••
casey13
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Comment by
casey13
on Nov 29, 2020 4:23pm
Junior investors are always a nervous bunch and will sell at the first sign of trouble. The greed / fear cycle is much compressed in these names. It is that volitility that creates opportunity. It is up to individualls to decide for themselves whether is is one of those opportunities but the reaction to news such as this is usually about three days and then everyone will be looking for the next
...more
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