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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 > news release
View:
Post by _Highlander_ on Apr 25, 2012 3:50pm

news release

looks positive to me, can some one explain the drop other than threoies about 35% unusable coal and other speculation. This isnt Royal Coal.

this is a quote from market watch

"Now that the U.S. Government has given technical approval to the wash plant at Rex No. 1 mine, Novadx is significantly closer to having two high margin cash-generating coal mines in production with good upside growth potential."

https://www.marketwatch.com/story/novadx-targets-2012-coal-production-at-rex-mine-2012-04-25

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