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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 > !!! NEWS OUT !!!!
View:
Post by intowin on Jun 02, 2010 11:16am

!!! NEWS OUT !!!!

Update is out.
Comment by _monGoose_ on Jun 02, 2010 12:11pm
huh ? where ? don't see anything
Comment by _monGoose_ on Jun 02, 2010 12:14pm
oooppps, here it is.NovaDx's MCoal begins selling Rosa coal2010-06-02 10:40 ET- News ReleaseMr. Neil MacDonald reportsNOVADX PROVIDES ROSA MINE UPDATE AND ANNOUNCES PURCHASE ANDRESTRUCTURING OF NET PROFIT INTERESTProduction at the Rosa mine, operated by NovaDx Ventures Corp.'swholly owned subsidiary MCoal Corp., is meeting mine production targetsand sales of cleaned coal have ...more  
Comment by dollpartz on Jun 02, 2010 2:58pm
Cool thx for the update. Wonder if I can use any of that for my aquarium filter.. oh no, that's char-coal, nevermind. Anyway good to hear.
Comment by rborhi on Jun 03, 2010 9:17am
Once again the news release doesn't show up on Yahoo Finance, so where else is it not showing up?Do they not know how to distribute their NR's?Still, glad to see everything's on track and they are selling their Rosa coal.  Sounds like they need to expand the mine soon.
Comment by LaurinDE on Jun 03, 2010 2:36pm
the 2nd auger will considerably increase production (from 150000 t/y to 250000 t/y) and hence cash flow... sounds good to me... Re. coal selling price: the contracts with the two buyers run for 3 and 6 months, respectively. Hence, selling prices will likely increase at the end of the 2nd half of the year....cheers - Laurin