Novadx Ventures Corp NDXFF

Hurdles to over come

[errussell]

Looks like Odlum might be one of those disgruntled ex-associates they have been talking about! There are some people out there with large positions in the company that have some really bad feelings towards management....it amazes me that people will let feelings get in the way of making money....guess they have more money than I have then!

 

Its gonna be a long slow climb....but go long and you will make a nice profit!

 

GLTA

[_Highlander_]

well its also a good opportunity for people to get in, becasue 30 cents is still low. if they are clearing 15 to 20 million in profit a year, then do a 5 x profit for PPS ( thats standard ). thats a market cap of 75 to 100 million, there sitting at 25 million now, so i still stand by this, but NDX is worth as is, anyware between .75 to 1.00 IMHO

[slowwhizz]

errussell, Do you have any links to the Odlum association with Novadx?  Based on a google search and a limited review of company press releases I can find nothing without perhaps a more detailed review of all company releases.   Is the Odlum reference to Odlum Brown?  Can you provide a link or hint where to look.  TIA

[errussell]

No sorry nothing concrete...just a few guys I have been inboxing with over the years on this stock...they have pointed out a few interesting moves the last few months.

[staolin]

It's most definitely a reference to Odlum Brown.   Odlum Brown is based on BC where NovaDX is based. There's a possible connection with NovaDX management.  

[slowwhizz]

Thanks staolin.  I suspected maybe that was a tie based on a press release by Novadx back in mid 2009.  I plan to go back and dig deeper.  If I seem to be a little paranoid about this company it is because I am new to the company and find the situation almost to good to be true.  This causes me to want to dig as thoughly as I can to try to validate my DD to date.  I

[staolin]

Good on ya. My hangups with this is the posibility that they screw it up and can't pull a profit, similar to how Royal Coal is failing. MCoal has a much bigger cushion so I doubt that will be the case. Also the permitting for phase 2 at Rosa was among the plans in 2010 and it doesn't seem to be progressing to any extent, nor in the plans for 2012. The Rex No.1 startup has taken priority I