VANCOUVER, British Columbia, Oct. 19, 2018 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that its OTCQX-listed common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (“DTC”) in the United States.
DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be “DTC eligible”. DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Company’s common shares on the OTCQX.
About Novo Resources Corp.
Novo’s focus is to explore and develop gold projects in the Pilbara region of Western Australia, and Novo has built up a significant land package covering approximately 12,000 sq km. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.com
On Behalf of the Board of Directors,
Novo Resources Corp.
“Quinton Hennigh”
Quinton Hennigh
Chairman and President
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Don Luskin likes what he sees. The economy, he says, is strong and poised for growth. The tax cuts are working, particularly in the small cap segment. Furthermore, the President’s approach to trade negotiations is sound.
In short, Keynesian animal spirits for risk are back and the future looks bright.
But, he adds, “Don’t be an idiot about it. Like in a plane, you always want to know where the exits are.”
The Chief Investment Officer of Trend Macrolytics recently visited our Southern California studio for a wide-ranging discussion on politics, central banks, trade wars and markets. It was my first opportunity to sit down with the author and columnist, who is also a regular on Fox Business Network.
For starters, there is no mistaking it: Luskin is an uncompromising stock bull. The economy, he insists, “… is in a cusp period, where the world has the potential to get out of the era of secular stagnation, and the new normal, and get back to growth rates and productivity rates that look like the old normal.”
He is also not shy about his support of the President’s economic policy and, in particular, tough stance on China and trade. “China is interfering with free trade more than we are,” he explains.
In Luskin’s assessment, the pros of Trump’s tough stance outweigh the cons, even if the tactic means higher consumer prices for Americans. “[Free trade is] the morally right thing to do,” he adds.
Yet, despite his unwavering optimism, when pressed, Luskin concedes that diversification is a worthy end in itself. Don’t be an idiot about it — remember the plane analogy?
But what if the nearest exit is behind you — like at Dow 26,000?
“Believe me … I own lots of gold,” he admits. “I also have lots of guns and ammunition … and penicillin.”
After all, what good is an exit without a parachute?
To watch the video interview with Donald Luskin, chief investment officer of Trend Macrolytics, click here. To download the Trend Macro special report, “One Sell-Off, So Many Causes” click here (pdf) Read in browser »
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Original Source: https://www.stockpulse.com/inside-the-markets-stock-market-plummets-what-it-means-for-precious-metals-with-maurice-jackson
Today the stock markets were down significantly in the U.S. Have the bubbles begun to pop? And if so, what assets still remain on sale?
Fortunately Maurice Jackson of Proven and Probable joined the StockPulse network to explain the value propositions that currently exist, the opportunities in the mining sector, and what’s really important for investors to be aware of right now.
VANCOUVER, Oct. 17, 2018 /PRNewswire/ – Pacton Gold Inc. (TSXV: PAC, OTC: PACXF, FSE: 2NKN) (the “Company” or “Pacton“) is pleased to announce it has signed a Memorandum of Understanding (“MOU“) with Artemis Resources Limited (ASX: ARV, FSE: ATY, USOTC: ARTTF) (“Artemis“), an Australian Securities Exchange listed exploration company, to enter into a strategic processing alliance (“Alliance“).
View photos
Figure 1: Bulk sampling previously conducted on Friendly Creek Mining Lease (CNW Group/Pacton Gold Inc.)
Highlights of the Transaction:
Permitted processing facility provides potential of rapid advancement of Pacton’s projects through substantial bulk sampling and production scale testing of gold mineralization.
Pacton’s multiple mining leases held across a number of projects provides a rapid pathway for trial mining to be undertaken.
Project scale review underway across entire portfolio to identify opportunities for near term production from both conglomerate and shear hosted mineralization styles.
The MOU contemplates collaboration between the two companies, whereby Pacton can utilize Artemis’ 100% owned Radio Hill processing plant, located 30 kilometres from the city of Karratha, on a non-exclusive basis. The Alliance provides Pacton with the potential to bulk process conglomerate and shear hosted mineralization from Pacton’s multiple mining leases and therefore opens a rapid pathway to production.
Under the terms of the MOU, Artemis and Pacton will seek to work collaboratively to determine how they can together advance, or leverage off, Artemis’ Radio Hill operations and processing infrastructure. Commercial terms for any processing arrangement remain subject to negotiation in a formal agreement.
“The strategic processing alliance with Artemis provides a far reduced upfront capital cost of evaluating near term development opportunities within the Pilbara. Pacton’s extensive land holding in the Pilbara contains a multitude of prospects requiring evaluation. Through Pacton’s granted mining leases in conjunction with the processing solution provided by Artemis, the alliance partners are well positioned to expedite development opportunities,” commented Alec Pismiris, Interim President and CEO of Pacton Gold. “We look forward to working closely with Artemis, an established long term operator in the Pilbara region and strive to capitalize on the operating synergies between both parties.”
About Pacton Gold
Pacton Gold (PAC: TSXV; PACXF: US, FSE: 2NKN) is a well-financed Canadian junior with key strategic partners focused on the exploration and development of conglomerate-hosted gold properties located in the district-scale Pilbara gold rush in Western Australia.
On Behalf of the Board of Pacton Gold Inc.
Alec Pismiris
Interim President & CEO
This news release contains or refers to forward-looking information based on current expectations, including, but not limited to the Company achieving success in exploring its projects and the impact on the Company of these events, including the effect on its share price. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances.
Neither TSX Venture Exchange, the Toronto Stock Exchange nor their Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Figure 2: Pacton Regional Project Location Plan & Artemis Radio Hill Processing Facility (CNW Group/Pacton Gold Inc.)
