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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 nedstar71on Nov 14, 2024 11:08pm
47 Views
Post# 36314199

RE:3 months and counting!!

RE:3 months and counting!!The sad thing is I would guess management may be pretty indifferent as as a result of the halt they don't appear to be compelled to update shareholders on the progress of the 'ramp up'.....or lack of progress as the case may be.  Maybe indifferent, isn't the right word.....happy?
Like can you imagine being a CEO of a publicly traded company that gets halted mid summer and here it is middle of November with Christmas fast approaching and in all that time not having the common decency to put out a single update of what the heck is going on?  Financials or production.....
It would be hilarious if it weren't so disturbing given the fact that people's hard earned money is at stake.
I think a while back I said I put this at 5 cents by year end if this resumes trading, which at this point appears unlikely.  If nothing else pray that management salaries and consulting fees don't suffer.  Those must come first ;-)
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