Novadx Ventures Corp NDXFF

Great News! 20 Millions Revenue a Year

[chenteddybear]

This is a great news.  A company with such a low float shares and is in a production making money as of now towards next year (Total 20 Millions).  This is great buy.

[husk16]

I agree this is great news.  Read the 43-101|n the Phase 1 PROVEN resources alone we have 453,000 tons of coal.  The company estimates approximately 85% of it is cleanable sale able coal (160 tons a year/ 135 tons cleanable, saleable).So 382,000 tons that are PROVEN saleable for revenue at $150/ton $57.3 millionOur current Market Cap is under $15 millionGuys do the math on PROVEN

[SimplyTheFacts]

Hold on a second, read page 86 and 87 of the 43-101 report. Please correct me, but at the end of the table, under "Bank Balance" they estimate to net only $3,557,146 for 2010, $4,444,473 for 2011, $ 7,984,398 for 2012 and $13,426,484 for 2013... This isn't the 20mil a year we were thinking, is this correct? https://www.sedar.com/CheckCode.do;jsessionid=0000_T34mu35o

[chenteddybear]

We are talking about revenue here not net income.  Net income is after all the cost.   This is a profit company now. $$$2010 Mined: 144,520 ton x $150/usd (was estimated $139) = 21.6Millions revenue for 2010.  That's big man....