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Newlox Gold Ventures Corp NWLXF


Primary Symbol: C.LUX

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 JayBankson Feb 29, 2024 9:13pm
23 Views
Post# 35908140

RE:Financials??

RE:Financials??

brewster123 wrote: I think they are behind again on posting their quarterly financials!!  CTO any day now probably!!

Very disappointing if that happens again.

 

Plant 1 is only producing at 40ish% and may have been down during the quarter...

Plant 2 was collecting dust and rust...

The financials are irreverent at this point, pick something else to be disappointed about from the company, if you wanna be disappointed by timelines worry about the fact P2 was suppose to be completed 3 years ago, or that after nearly 4 years P1 is less than half capacity...

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