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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 > summer doldrums
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Post by rborhi on Jun 25, 2010 1:37pm

summer doldrums

Feels like summer market doldrums have set in, despite the latest release.  At least mCoal should be profitable now week to week with the Rosa mine.  The letter of intent for the new Rex area still has a lot of details to work out before the acquisition becomes official, then there will be time needed to actually start mining there, not sure how long that will take but at least they say they want to start production asap.  We may see a jump when they post some quarterly results.
Comment by jimrockford on Jun 25, 2010 1:49pm
Rborhi, it feels like a lot more than "summer market doldrums." If you've read my posts and blogs, you'll know where I'm coming from. My bet is that if the stock had gone higher on volume, a boatload of people would have taken the opportunity to get out. Without the opportunity, they're still holders.Before anybody calls me a hater, I'll say that I ...more