Novo Resources Corp T.NVO

NVO’s 11% ownership in NFG

[megacopper]

Not sure if anyone has mentioned this or even considered it but NVO's 11% ownership in NFG is now worth more than $150 million or about 30% of the total market cap of NVO. And that value will at least double shortly as NFG continues much higher on their huge high grade gold discovery on the Queensway property in Newfoundland. Just a little positive news for you guys and with the rising gold price you should do really well on your NVO investment going forward. Just some food for thought.

[oldfx1]

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[FishingWithBucc]

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[likeike]

Megacopper it is so strange to see you on this board. Do you have any interest in  congromerate gold? This is QH's baby and if the Witts 2 theory of QH holds up this puppy will be producing long after NFG has dried up. This is long term butter that  could last a 100 years. This is the empire if it pans out. We are in the tricky stage  of ramping up a low grade ore mine. NFG

[HuberPeter]

yes; Novo is in the Next few months a call on NFG. But the market lost credibility and didn't account this huge growing capital position.  all depends on b.c. which is the source of opportunities and credibility.  petee     

[CaptainLuiza]

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[TXRogers]

For Christ's sake. Peter.  Keep it simple. We don't want to confuse people. Tx

[roberto146]

Good time to sell its NFG before the likely inevitable correction, and pay down the debt. All of it.

[likeike]

You have no idea of what you speak IKE