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Bullboard - Stock Discussion Forum Novadx Ventures Corp NDXFF

"NovaDx Ventures Corp is a mining company engaged in the exploration, development and recovery of coal. The company's operations are principally directed towards the Rex No."

GREY:NDXFF - Post Discussion

Novadx Ventures Corp > selling restrictions
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Post by Sparkalinda on Mar 26, 2010 11:00am

selling restrictions

I don't think they are even thinking of exporting because there is a local market within a short drive of the mine.
It is my understanding that the Rosa project is being done with the local regio in mind. International markets were not part of the business plan.
Comment by scott1taylor on Mar 26, 2010 12:23pm
No, absolutley not. This is a layup friends. What they do with this ultra high grade coking coal is sell it to a larger producer in State which has a large ongoing export sales agreement. They would take Rosa mine product and mix it in proportionally with their coal to blend towards a specification set by the export contract. This is similar to what is done with a lot of other commodities. This is ...more  
Comment by boomboom2 on Mar 26, 2010 12:32pm
So whats the estimated cost per ton, and what should we expect to get per ton? TIA.GLTA,BB2.