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Newlox Gold Ventures Corp C.LUX

Alternate Symbol(s):  NWLXF

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. The Company produces gold through environmental remediation by recovering residual precious metals and contaminants from historical 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 jammingthepipelineon Jun 23, 2021 6:14pm
261 Views
Post# 33438789

RE:RE:RE:New must be coming...

RE:RE:RE:New must be coming...

Facility 1, that was suposed to reach 100% capacity beginning July wiill be ready end of August.
Facility 2, Boston project, wiil be finished somewhere in August and start to produce gold in October and will reach 100% capacity beginning 2022.  And before middle of July we will know more about the 2 facilities in Brazil. 

If everything goes well and gold prices stay above 1600 USD we wil see a SP of 3.00 can$ at the end of 2022. We are at 0.25- 0.28 cents right now so decide yourself if this is the right time to buy. My average of 1 million shares is at 0.13 cents so I am not buying more. Delays are a fact with this new texhnology but the amount of gold available is for at least 30 years. 

I wish everybody all the best.
 

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