Opinions
Robert McWhirter
Newlox Gold Ventures
LUX-CSE
BUY
May 13, 2021
Working in Costa Rica to go through tailings to extract gold. Opening a second location, working on a third. Quick and cheap setup. Silver is a by-product. Overall, he likes it. Stock trading cheaply, appears to be an easy double by the end of the year.
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Stock price when the opinion was issued
Mining
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Disclosure: He participated in their private round of financing in December. They already have plant 1 running, extracting gold from reclaimed soil in Costa Rica. They yield 9 grams/tonne vs. the standard 2 gr. Plant #2 will be onstream in July/August, he guesses and will yield 15 grams. Plant #3 will be announced likely in end of June in another country (TBN). This stock could double or triple by year's end.
Mining