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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 23, 2024 12:00am
48 Views
Post# 36327193

RE:RE:RE:RE:New Press Release - Newlox Gold Files Annual Audited Financial Statements

RE:RE:RE:RE:New Press Release - Newlox Gold Files Annual Audited Financial StatementsHoly moly they actually released them? Probably could have done without the excuse filled news release but I'll give credit where credit is due, (to the news wire that printed it).
Haven't had time to dive into them yet but presuming nothing earth shattering given the time frame and nothing mentioned in the release. Now they just need to do the usual copying and pasting / updating of old M D &A's and financials with some current tweaks for a couple more quarters and it may actually resume trading in 2024?  Could be worse.
The commentary surrounding the ramp up and what the heck is going on in Colombia will obviously be the most relevant part of upcoming filings. I'm guessing the usual challenge will be to avoid being completely open and transparent, and keep dangling the carrot that they are on the cusp of success.  No idea what their money situation is currently, which is often the main way to determine how things are actually going, as if the process is proceeding and viable no reason they should ever need to raise money related to Costa Rica again.
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