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Novadx Ventures Corp NDXFF

Metals & Mining Industrial Metals & Minerals
"NovaDx Ventures Corp is a mining company engaged in the exploration, development and recovery of coal. The company's operations are principally directed towards the Rex No."


GREY:NDXFF - Post by User

Novadx Ventures Corp > Great News! 20 Millions Revenue a Year
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Comment by husk16on Apr 20, 2010 4:43pm
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Post# 17012495

RE: Great News! 20 Millions Revenue a Year

RE: Great News! 20 Millions Revenue a YearI agree this is great news.  Read the 43-101

|n the Phase 1 PROVEN resources alone we have 453,000 tons of coal.  The company estimates approximately 85% of it is cleanable sale able coal (160 tons a year/ 135 tons cleanable, saleable).

So 382,000 tons that are PROVEN saleable for revenue at $150/ton

$57.3 million

Our current Market Cap is under $15 million

Guys do the math on PROVEN resources alone we are really undervalued.
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