Newlox Gold Ventures Corp C.LUX

WTF!!

[traderguy5000]

WTF is going on with LUX? We are now back to a share price lower than when RM first mentioned the stock. Selling is relentless. Yes, there have been delays, and revenue is lower than anticipated, but investors are bailing, with no consideration of potential value. A while back, I saw a five year price target of $10. I believe the original investment thesis is still there. I'm buying, but doubting my own sanity. This is a cookie cutter business plan, where LUX can increase the number of plants, and grow their revenue for years to come. If and when revenue gets closer to projections, LUX is going to soar.

[ACTIONK]

I hope your right, its falling because the last 1/4 report was less then excitting. the latest report puts a valuation of $0.03 per share. So I would hold off on buying any shares until we see some progress. Timing and Upside Potential are not in favour for LUX SP right now. 

[starj]

Are you new to the 'game'???? It's December what you do you expect - TAX LOSS SELLING - 

[JayBanks]

I wish I had the capital to buy more at these levels. I think the outlook is still the same it's just getting delayed by I guess 'supply chain' issues which has been an excuse your seeing around many businesses. I think earlier it got quite a bit ahead of itself when prices it was running up to .60 so quickly and that was while many gold companies were starting to fall off recent

[JWING17]

RM from market call?

[traderguy5000]

Yes, Robert McWhirter. A positive mention by RM on BNN can move LUX.  

[JWING17]

Thanks, I found him on Market Call Sept 03 LUX was trading @ ,42 cents and he had a price target of .80-1.20   Taken a bit of a beating since then. I hope it is not like another one he had high hopes for CMC he had an 8.00 Dollar PT on it. When it was around a dollar, It is now trading in the .20

[CandyC]