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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

Post by powerstackon Apr 06, 2012 7:48pm
248 Views
Post# 19767715

NDX checklist

NDX checklist

In the MD&A, NDX gave out a list of  five things that they  would like to complete by the end of Q3

A: installing a fine coal recovery circuit to increase the recoveries of fine  and ultra fine coal

the write down last quarter was 1.6 million , the coal that is not recovered is stockpiled for later

B: better utilizing excess capacity at the rosa wash plant by establishing contracts to purchase, process and sell met coal mined by producers in close proximity to the rosa mine.

C: Completing the development at the REX 1 mine

D: establishing a coal preparation facility and commercial production at the REX 1 mine

E: contracting sales 20,000 tons per month of REX coal

it looks like the next six months are going to be something to look forward to , and if they do what they set out to do, then our share price has a nice up side to it, IMO. Now thats shareholders value.

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