Today on the Daily Dive, we see the return of Ryan Jackson, CEO of Newlox Gold (CSE: LUX). Ryan joins us today to discuss inflationary pressures and the impact on the price of gold, and what will drive the price of gold higher. We then transition to a discussion on Newlox, where we get an update on the state of the Boston project, recent revenue growth, and how he ensures the firms initiatives remain well funded. We close out the discussion by getting a sense of what investors should watch for over the rest of the year.
Newlox is the only public resource-focused operator within the country of Costa Rica. Classified as an ESG firm as a result of their environmental reclamation efforts, one such result of this environmental cleanup is the production of gold from old mine tailings. Production is now in the process of scaling while an additional processing plant is set to come online in the near term.
Information for this briefing was found via the companies mentioned. The author is currently long debentures of the company. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
