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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... see more

TSX:NVO - Post Discussion

Novo Resources Corp > Institution Holdings
View:
Post by gaserx2 on Oct 20, 2021 4:44pm

Institution Holdings

NVO-CA: 1.56 -0.06 (-3.70%) (cnbc.com)
Not sure who is the wisest of investors. Some of the posters on this board or the institutions that are holding millions of shares. If the institutions are wrong on NVO then they are the dumbest investing group on the planet. Although they could be wrong about NOVO. But I wouldn't in this case bet against these holders of this stock. VanEck and Sprott to name a few.. IMHO.
Comment by mortgages101 on Oct 20, 2021 4:51pm
Sprott already took the tax loss. Sold his shares to a charity. 
Comment by gaserx2 on Oct 20, 2021 5:01pm
Perhaps the shares he held personally??  According to the holders report Sprott Junior Goldminers still holds a position. Unless the reporting process is inaccurate. Which I doubt. IMHO. Novo-   Institutional Ownership
Comment by gaserx2 on Oct 20, 2021 5:22pm
Further to the holding info. 2176423 Ontario Ltd. is Eric Sprotts Holding Company They according to the report are the largest shareholder of Novo with 22.9 Million shares. Attached as well is a copy of their holdings. Scroll down and view the report. Interesting.  All Stocks Held By Sprott Inc. (holdingschannel.com)
Comment by HacksawHenry on Oct 20, 2021 5:35pm
This post has been removed in accordance with Community Policy
Comment by mortgages101 on Oct 20, 2021 5:41pm
Gaser you posted a list of Sprott INc holdings. Note that Eric Sprott and Sprott Inc have no affiliation.  you also say to scroll down that Sprott Inc own 22M shares. Well I can scroll down to see Sprott inc owns $22m worth of Nova Gold. Not Novo. Lol 
Comment by gaserx2 on Oct 20, 2021 6:17pm
mortgages101. Thankyou for that info. In further checking I think the top Institutional Holdings report has things all screwed up. I don't think I will rely on that info much going forward. Cheers.
Novo Resources Corp