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Novadx Ventures Corp NDXFF

"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

Comment by staolinon Feb 23, 2012 11:52am
108 Views
Post# 19573502

RE: Miners Nearing Production

RE: Miners Nearing Production

bza is nearing full production.

I looked at aurcana when you mentioned it previously. It's too bad I didn't jump in and missed the recent run up. 

Coal prices, met and thermal, seemed poised to dip for a while. The NR that this company put out makes it seem like there are contracts in place to keep their sales around the 165-180 level. So there's one negative outlook overhanging this thing. Doesn't justify the low valuation, imo.

Thanks for the pointer on lucara, too. It would be great to have a list of similarly positioned companies who are set for some quick jumps. I have larger positions in the companies that I think will move biggest in the long term but it's always fun to have money in a variety of companies that could move anytime. Just so that there's something exciting happening on a frequent basis, ya know?

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