Newlox Gold Ventures Corp C.LUX

Newlox Gold Expands Into Brazil, Two Prospective Facilities

[AwareInvestor]

Newlox Gold Ventures is growing beyond the borders of Costa Rica. The company this morning announced a foray into the Brazilian market, where it has entered into a partnership with NAP.Minerao/USP as it continues to focus on supporting local artisanal miners.

https://thedeepdive.ca/newlox-gold-expands-into-brazil-two-prospective-facilities-targeted/

[JayBanks]

Glad I got I when I did, I actually had some money free up over the weekend and I added 60% more shares at a slightly lower price on Monday morning. (I still didn't catch the low) Funny enough in the article statement they used the numbering that Jamming stated, and they are upping the production capacity of the original testing unit 'substantially' so things must have went well to

[mramerica]

press release..." The research team engages and collaborates closely with both artisanal mining cooperatives and associations as well as CONVENTIONAL MINING COMPANIES."  This means that in Brazil all the large companies will be forced to use Newlox techniques for tailings and Newlox will get a royalty and this will likely become a global requirement as more countries catch on.

[JayBanks]

  That's quite the jump to make. At no point in any company release have they discussed a royalty structure or sale of thier technology that I'm aware of. And I don't think there's any indication of a mining company hooking up with Newlox, all they have discussed is going through old mining tailings of former 'artisanal' mines, I haven't heard anything about