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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 > imrockford blog featuring DRV
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Post by jimrockford on Sep 27, 2012 6:56pm

imrockford blog featuring DRV

Comment by mining_junior on Sep 28, 2012 12:34am
Here's my thoughts over the blog's comment. I am definitely not as experienced as the author for sure, but I'm just going to speak my mind. Per article     That 10-for-1 rollback is ugly. Rollbacks almost NEVER work for shareholders, as the SP never holds in. Sandstorm is throwing NDX a lifeline, but NDX has to raise a lot of money themselves in order to make things ...more  
Comment by _Highlander_ on Sep 28, 2012 1:23am
just a quick note, the roll back is stated to be anyware from 2 to 10 depending and up to the discretion of the board, it depends on the money rasied and how the market reacts to the restructuring.
Comment by jimrockford on Sep 28, 2012 6:43pm
Mining_junior, that was a great post - and you did a great job of fleshing out your points. I am going to chew on this, make some calls and get back to the bullboard.   Cheers.   Jim
Comment by jimrockford on Sep 28, 2012 6:43pm
Mining_junior, that was a great post - and you did a great job of fleshing out your points. I am going to chew on this, make some calls and get back to the bullboard.   Cheers.   Jim
Comment by jimrockford on Sep 28, 2012 6:45pm
Point taken, _Highlander_.   Cheers.   Jim    
Comment by mining_junior on Sep 28, 2012 11:47pm
Hi Jim, I'm not trying to challenge your points or what not. Just wanted to speak my mind over this. Mining is high risk and I'm not saying ndx is a sure thing.  I don't mean any disrespect. If I've shown any, I apologize in advance. This is going to be a tough turnaround story, but there are many factors that are in favor of the ceo (for now). I'm just really hoping their ...more  
Comment by jimrockford on Sep 29, 2012 5:01pm
mining_junior, I wasn't being facetious in the slightest. That was great DD and one heck of a post. As stated, I'm going to make some calls and see what I can come up with.   Here's hoping the new CEO can get on with it and repair the damage done by the zero who used to run the company. Shareholders deserve it.   Jim