Here’s what Eric Sprott OBO* said this evening as he resigned from the board of Novo Resources (NVO.v):
“Novo has been and
will continue to be a leading gold explorer, and I wholeheartedly
support the Company’s goals to deliver significant value to its
shareholders,” commented Mr. Sprott. “I recently turned 75 and I am
focused on pursuing other priorities in life, but I plan to remain an
engaged shareholder of the Company.”
And this is what it means:
“Dumping half.”
*Our Benign Overlord