Novadx Ventures Corp NDXFF

KIN Communication

[ResourceMiner]

I took over a junior mining company, as CFO, that was bankrupt but didn't know it. It was a terrible company and turned out to be in worse shape than even I thought and ultimately failed. I tried to hire KIN as IR and they passed.

The head is a young cocky guy, who was riding the wave of Potash companies and made a ton of money on options, as well as, for brokers/shareholders. They are well connected and respected.

It may be that KIN knows that there is trouble in NDX and does not want to promote it to investor base. Their standard contract is 12 months and you pay even if you terminate them.

Just a thought, and for full disclosure, I am in the coal biz, and have not posted anything positive on NDX as I believe they are going the route the Royal Coal. But that is just my opinion, not shared by many here. Also, I own no shares of NDX.

[slowwhizz]

"Just a thought, and for full disclosure, I am in the coal biz, and have not posted anything positive on NDX as I believe they are going the route the Royal Coal." Resource Miner Do you have any facts to support your belief?  Please give me some facts. Feeling won't do it.  I learned of NDX while doing DD on Sandstorm Energy and finding that NDX looked like a lower risk

[dollpartz]

Not sure I follow, why would they pass on you and accept this and then not do anything. If they didn't believe in it, they wouldn't accept it, right? That seems to be your argument at the beginning. More generally, as I understand it,  coal plays are being hurt by low nat gas prices ..

[ResourceMiner]

I have stated previously, NDX IMO, will run out of cash before REX is up and running. They owe(d) Sandstorm $2.7MM per the contract. $3MM overall on which NDX pr'd they paid $300k. SND booked the $2.7MM as revenue. But if NDX paid it, they have no money as the last report showed them was just under $3MM cash prior to the payment.  Further, I am hearing of cost over runs, which are not

[_Highlander_]

miner please explain you statements, what are they base off Rosa is producing as expected with 120000 tons expected at the end of the year, with average sales per ton of 180  dollars, that would be 21000000 million dollars in Gross revenue for the year.  We all know Ikerd was expesive, but NDX and SND pulled out before they were to far in.  and your right they may need to finace the

[powerstack]

This is not steam coal !  it is met coal their is a difference and if you do not know , then sell your shares . IMO