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Bullboard - Stock Discussion Forum 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... see more

CSE:LUX - Post Discussion

Newlox Gold Ventures Corp > New must be coming...
View:
Post by McBabbles on Jun 22, 2021 3:24pm

New must be coming...

Big bump on price and large volume.  Insider buying, perhaps construction is done.  We'll see.
Comment by WealthBuilder99 on Jun 22, 2021 11:01pm
Where do you see insider buying?
Comment by JayBanks on Jun 23, 2021 5:57am
I would say with in the next 3-4 weeks we will get confirmation that the Boston Unit is complete and in production... From there is may take a quarter or 2 to see quality production numbers/income. I don't expect income to cover expenses for a year or so as other units are being constructed and perfected, but it will be nice to see base income statements to give us an idea if they are ...more  
Comment by jammingthepipeline on Jun 23, 2021 6:14pm
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 ...more  
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