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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 > Jimmy Shaker likes NDX
View:
Post by JimmyShaker on Apr 19, 2012 2:11pm

Jimmy Shaker likes NDX

The sp has dropped with extraneous selloffs by cash strapped investors. Let's do some cherry picking here. Check out a recent report on Met coal. https://juniorreport.com/featured_articles/2012-04-18-interesting-metallurgical-coal-play/
Comment by ResourceMiner on Apr 19, 2012 2:29pm
Tell you what, look at the next quarterly report for NDX and you will see a company that is cash strapped and doesn't have enough money to complete the rehab of the Rex mine, much less a wash plant. Look for a financing to be announced in the near future. 
Comment by powerstack on Apr 20, 2012 2:24pm
ResourceMiner go and look at the MS&HA site and you will see that by the end of Jan-012 that the rosa mine had shipped out 13,497 tons of coal , now that is about the pace of 40k for the Quarter or $ 6.8 million. However the same report comes up if you put in the end of Jan or the end of Marchs date, so I well assume that it was just a Jan 012 report and there were no more  ...more  
Comment by cleverrox on Apr 20, 2012 6:27pm
That 13,000 tons is for 2.5 months starting mid-Nov.  I wouldn't assign the production to one month.
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