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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 > Potential News
View:
Post by ResourceMiner on Mar 30, 2012 3:58pm

Potential News

I suspect there will be significant negative news after hours today or before the bell on Monday.
Comment by slowwhizz on Mar 30, 2012 4:15pm
Based on ..... ?
Comment by _Highlander_ on Mar 30, 2012 4:39pm
yes so explain your self, scinse you also came on her and stated that all the viens were under 24 inches, which of course they are not. so what the deal ReasoursMiner, you have something or do you just Short the stock
Comment by staolin on Mar 30, 2012 5:14pm
I am a bit skeptical about how you divine this. Obviously financials up to Dec 31/11 are due out soon but there are no expectations that could be labeled 'significant'. The Jan update seems to have covered any news of significance up to the end of last year. Maybe in the MD&A? In anycase, if you're right, then please disseminate the insider information in a more timely manner ...more  
Comment by ResourceMiner on Mar 30, 2012 6:26pm
If you read the last quarterly, you see that $3MM is due Sandstorm in 2012. $300k has been paid per a recent press release. In reality, 2012 is the company's fiscal year 2012, which ends today. So, $2.7MM  due today. 
Comment by slowwhizz on Mar 30, 2012 9:03pm
2012 is calendar year 2012. Sandstorm loves NovaDX and is counting on it to be the crown jewel of their investments. See what an analyst had to say recently about thr Rex mine relative to Sandstorm's investment: "So what’s it worth? Well, I’ll break it down in the valuation section below but lets just say there’s a decent chance ...more  
Comment by powerstack on Mar 30, 2012 9:14pm
If you read the last quarterly , you would know that ndx had shipped 12,800 tons of coal mainly in the month of DEC, and has stock piled coal that was waiting tobe washed.Plus rosa went into full commercial production with two augers, and is expecting 10K tons per month . So with at least 12k tons that could be shippped per month at $166 per ton thats roughly 2mil per month or more. So I ...more  
Comment by staolin on Mar 30, 2012 11:35pm
  Sandstorm Metals & Energy Ltd. ("Sandstorm" or "the Company") (TSX VENTURE:SND) announces the release of its results for the fourth quarter and the year ended December 31, 2011 (all figures in U.S. dollars). Fourth Quarter Summary (3 Months) Sandstorm recorded a $13.1 million net loss for the three months ended December 31, 2011, attributable to a number of factors ...more  
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