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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 Press Release - Newlox Gold Files Q1 and Q2 Financial Statements
View:
Comment by lscfa on Nov 29, 2024 11:47pm
How-t-f can they start a 2nd plant May 28 and have lower revenues in Sept qtr?  These bozos are not telling us the whole story.     Qtr ending Revenue Gross profit Gross margin Royalty payment Margin - royalty Net income (loss) Cash ...more  
Comment by nedstar71 on Nov 30, 2024 6:43am
Ramp up?  Looks more like a ramp down.  I'm guessing the entire process is built on the flawed logic that plenty of free shared profit feedstock was available, when in reality it isn't and won't be.  Moving forward, the costs associated with obtaining suitable gold rich material to feed the plant will outweigh the benefits of processing it.  The stationary ...more  
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