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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 > Lots of pumping
View:
Post by Wolfhunter2 on Apr 11, 2010 12:44am

Lots of pumping

Sounds like alot of pumping going on here . Investors beware , could be they are ready to unload as the pumping heats up .  

Beware the Wolfpack
Comment by SimplyTheFacts on Apr 11, 2010 8:04am
Hey Wolfhunter, thanks for saving us! Let's see, the stock has gone from its previous high of .25 to close Friday at .34. That is a whapping .09 cent move. People be careful, "the Pumpers" are ready to dump! lol If this thing ever gets over 1 and closer to 2, we can discuss dumping, not before the move has even happened! Looks like you know a thing or two ...more  
Comment by bluestar on Apr 11, 2010 1:33pm
this stock should be "pumped" as i believe it is way undervalued right now. news coming that coal production has started and buyers lined up to take delivery tells me that ndx should be in the $1.50 range. now is the time to buy ndx,it would be crazy to sell. also this talk of more augers is very,very,exciting.
Comment by Wolfhunter2 on Apr 12, 2010 11:25am
Be careful SIMPLE we'll see if your right or wrong . Go to the SGR board FirstClass needs some help pumping .Already holding lots and don't need any more . Just a true fact . Just a waiting game now . I know when soming is good or not don't need any one to tell me what to do . Just hate to see any one get cheated .
Comment by SimplyTheFacts on Apr 13, 2010 8:00am
Hey man, I don't have any beef with you. I have made three posts on this board, including this one, two of them to you! So your attacks are unwarranted to say the least, here is the situation:-This newly formed company seems to have a good management, considering what they have accomplished in such a short time-There are only 37 mil shares and the actual float may probably be half of that ...more  
Comment by jimrockford on Apr 13, 2010 9:42am
Nice post, Simply. You backed up your opinion with classic logical argumentation - ie. a statement backed up by facts - in this case, many facts.Cheers.Jim
Comment by LaurinDE on Apr 13, 2010 1:53pm
" I believe there are 17 miles of wall they can Auger and I read somewhere they were thinking a mine life of 12 years..."---just curious... where did you find that?"Market is also waiting for a new 43-101 to be released (I believe this month, or early next,..."---actually, the 43-101 is overdue...I'm (still) really optimistic that I made a good decision when I bought ...more  
Comment by LaurinDE on Apr 13, 2010 2:01pm
for clarification:that is what NovaDx, i.e. MCoal, says on their website:"MCoal has developed a three-phase mine plan to recover up to five million tons of Rosa Coal over an expected mine life of 12 years. To date, MCoal has recieved all necessary surface and mineral leases and operating permits for the first phase of its operating plan - the recovery of approximately 600,000 tons of Rosa ...more  
Comment by LaurinDE on Apr 13, 2010 10:35pm
correction:one should focus on what one is doing when posting...since monthly production will be 12,000 t/month (and not 120,000 t/month as I wrote in an earlier post), the 600,000 tons at Rosa coalmine will last for 5 years (and not 6 months), of course.Sorry!Laurin
Comment by LaurinDE on Apr 13, 2010 10:54pm
from the new NI 43-101 Technical Report on Phase 1 of the Rosa Mine Coal Property of MCoal Corporation, in North-Central Alabama (U.S.)- March 2010 Prepared by McGehee Engineering Corporation Page 18:"MCoal controls a total mineral reserve of 0.453 million tons of recoverable coal (moist basis), after the application of all mining factors and taking into consideration all relevant ...more