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Newlox Gold Ventures Corp C.LUX

Alternate Symbol(s):  NWLXF

Newlox Gold Ventures Corp. is a Canada-based environmental reclamation and mineral recovery company. The Company is engaged in the business of operating tailings remediation and gold recovery facilities in Costa Rica. The Company is focused on developing gold projects through precious metals recovery from mining waste. It produces gold through environmental remediation by recovering residual precious metals and contaminants from tailings. The reclamation process is designed to provide environmental remediation and gold production. The Company’s wholly owned subsidiary, Oro Roca, S.A., has built an environmental reclamation facility in Central America.


CSE:LUX - Post by User

Comment by SmilingDogon Jul 25, 2022 5:34pm
103 Views
Post# 34849474

RE:RE:RE:RE:RE:RE:ZOOM meeting next week with Ryan Jackson

RE:RE:RE:RE:RE:RE:ZOOM meeting next week with Ryan JacksonYep I can understand why this has been frustrating. But, looking at this as a relatively new, unbiased, objective, investor, the opportunity right now seems better than it ever has, given we're receiving the same upside, over a very near term, at a very discounted valuation.

Plant 2 has been very delayed for reasons outside of their control. But now they are back on track, fully financed, and months away from production at plant 2. Plant 2 is not doing anything ambitious from a technical perspective (just very smart from an market opportunity standpoint) and so the commissioning and ramp up should be pretty straight forward. 

Given the steeply discount valuation, and very large near (and long) term upside, I'm also very excited about the prospects here.
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