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

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Novo Resources Corp > New Press Release - De Grey Mining Ltd. Announces Increased Investment in Novo Resources Corp.

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Post by PressRelease on Jun 28, 2023 6:47pm

New Press Release - De Grey Mining Ltd. Announces Increased Investment in Novo Resources Corp.

West Perth, Western Australia--(Newsfile Corp. - June 28, 2023) - De Grey Mining Ltd. (ASX: DEG) ("De Grey") announces that on June 28, 2023 it has acquired 35,223,670 common shares ("Common Shares") in the capital of Novo Resources Corp. (TSX: NVO) (TSX: NVO.WT) (TSX: NVO.WT.A) (OTCQX: NSRPF...read article.

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Comment by Mineshack on Jun 28, 2023 7:52pm

Perhaps De Grey’s entry will mark the bottom for NOVO. .

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Comment by ValuePro on Jun 29, 2023 10:59am

"Perhaps De Grey’s entry will mark the bottom for NOVO." I'd like to believe that, but the market for exploration-phase miners is horrible. The situation may not change soon, though individual issues can buck the trend based on substantive news. Still, I can't see a better space for speculative investors.

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