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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 JayBankson Mar 04, 2024 11:18am
59 Views
Post# 35913326

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Financials??

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Financials??If your referring to the latest financials and why the production/revenue was down, I believe it's is because less days running. Plant 1 was down during the electrical work for a while while they hooked up the new unit, it seems like it affected a little last quarter and more this quarter reported... I dont think they ever officially told us how long it was down for or the splits in how it relates to the quarters tho.

The next reported quarter should feature P1 back hitting previous numbers barring any other issues we are not yet aware of.
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