Newlox Gold Ventures Corp C.LUX

Buzz on the Bullboards: A challenging week for the TSX amid investor caution

[Calgary1111]

Is this factual? No trading until they get cashed up or are you just guessing? Bankruptcy has felt like a possibility as of this past month as the halt drags on.

[Jonathon Brown]

The TSX faced challenges as investors remained cautious, bracing for the upcoming US inflation data to gauge the Federal Reserve’s stance. read article.

[nedstar71]

What an absolute disaster this entire company's existence has been.  Can't say the red flags weren't there glaringly.  Subpar operators (and I think I'm being generous here

[brewster123]

This is the reply I recevied from Ryan regarding the CTO: Thank you for reaching out.   Management is working with the company’s council to remove the trading halt now that the company has filed

[Yepnewpapy]

No answer I offer him an introduction to a brokerage house doing equity financing for small cap gold companies Until LUX shows a capital injection the ''CEASE TRADE'' will remain

[lscfa]

I guess the answer is they had very little working capital to buy the damn feedstock.  How-t-f can they start a 2nd plant May 28 and have lower revenues in Sept qtr?  These bozos are not

[PressRelease]

(TheNewswire)Vancouver, BC – TheNewswire -- 23 December 2024 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CSE: LUX | Frankfurt/Stuttgart: NGO | PINK: NWLXF) is pleased to provide investors with a detailed update on the Company’s status and management’s near-term strategy.SummaryAll...read article.

[Yepnewpapy]

Thank you BuckProfit...very interesting post Looking at LUX financial the CostaRica operation is not profitable Nice concept but no profit Good recovery rate but no profit Is LUX paying too much for

[BuckProfit]

I am honestly thinking the same thing….CSE likely has them in the penalty box after so many reporting violations.  Likely just a matter of time before creditors start to be paid late and/or

[nedstar71]

Could you imagine?  Not saying that is the case, but would just be another big F U in a long line of F U's  to shareholders, some of which would be hoping to dump this disaster for tax

[brewster123]

Perhaps they don't want the CTO lifted until the New Year to avoid a rush of tax loss selling?

[brewster123]

When will the CTO be lifted?  They are now up-to-date with their Financials!

[brewster123]

Production down but Management Fees and Compensation up!

[nedstar71]

And if those were simple dig, scoop and run deposits I'd agree that was noteworthy.  To my limited knowledge, given the costly extraction methods required for those type of mines, they aren

[lscfa]

https://thediggings.com/mines/usgs10007896

[nedstar71]

Just mind boggling how they fail to give any details whatsoever about what is actually going on.  Wouldn't even bad management make an 'attempt' to explain why production is down so