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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 5,500 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 > For all those looking for BM
View:
Post by WisGuy1 on Apr 14, 2021 4:47pm

For all those looking for BM

People are pissed because the shares went down. I wish he hadn’t diluted the shares but frankly it was some dilution or selling $22 million of NFG and if he had done that I would have been leading the pack to the hardware store to buy a nice hemp rope.
 
Sh1t happens and if you don’t make mistakes now and again, you aren’t making enough decisions.
 
Bob
Comment by BetontheFed1 on Apr 14, 2021 4:50pm
Last July, the share count was 178 million.  It's over 241 million now.  35% dilution in 3 quarters.  Stock price has matched the dilution.  Shouldn't be too suprised.
Comment by BuccaneerMilan on Apr 14, 2021 4:58pm
This post has been removed in accordance with Community Policy
Comment by BuccaneerMilan on Apr 14, 2021 5:00pm
This post has been removed in accordance with Community Policy
Comment by TXRogers on Apr 14, 2021 5:41pm
One of the largest shareholders is QH himself. So he rides along with all the decisions. Tx
Comment by roberto146 on Apr 14, 2021 6:27pm
"People are pissed because the shares went down." I was waiting for that since Feb when I sold at about 3.60. Bought a bunch today. Either right or wrong; we'll see. It's only money.
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