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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. It produces gold through environmental remediation by recovering residual precious metals and contaminants from 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 Mar 04, 2024 10:53pm
57 Views
Post# 35914935

RE:RE:RE:RE: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:RE:RE:RE:RE:Financials??Their MD&A has always been sorely lacking in detail and is usually just mostly cut and pastes from previous quarters and years.
You know what would be good?  If this whole Colombia story was put on hold for a year so there are no 'distractions' from getting Plant 2 to its full potential.  It alone should bring in fantastic revenue, but I have this nagging feeling it won't and somehow 'issues' will arise.  Of course Colombia will then become the new shiny thing to distract from Plant 2 not living up to expectations.  Just my opinion of course but I think it's quite possible, if not probable. 
At least salaries and consulting fees will never fail to be delivered.  Any guesses as to how many $million the Jacksons (father and son) have pulled out of this thing in salaries and consulting fees in the past 9 years?  A $million every 2 years at this point presuming Ryan's salary is $250k?  Is that right?  Seems excessive for a small placer mining operation that has a habit of failing to live up to expectations imo.  But just you wait for Colombia.....!!
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