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Bullboard - Stock Discussion Forum 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... see more

CSE:LUX - Post Discussion

Newlox Gold Ventures Corp > FINALLY THEY ARE GOING TO START PRODUCING GOLD!!!
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Post by ACTIONK on May 28, 2024 11:49am

FINALLY THEY ARE GOING TO START PRODUCING GOLD!!!

Year and four months later they are finally going to produce gold from Plant 2 - time to purchase your shares but it may take six or more months before we see profitablitly. Just my assumtions as it takes this company a long time to excute anything.
Comment by JayBanks on May 28, 2024 4:59pm
Might be more to the fact that they are already over halfway into a quarterly cycle and the next month and a half likely won't see much of a bump in production, it will be next quarter which will be reported late in the year that should show the early quality production numbers, has little to do with company execution... That said they expect to go through a ramp up phase would should feature ...more  
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