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Metalex Ventures Ltd V.MTX

Alternate Symbol(s):  MXTLF

Metalex Ventures Ltd. is a Canada-based company engaged in the acquisition, exploration and development of mineral properties. The Company’s principal projects are located in Quebec and northern Ontario (U2), Canada. Its overseas projects are located in South Africa, Morocco and Mali. Its projects include Wemindji James Bay Property, Kyle Lake Property, Viljoenshof Diamond Project and James Bay Lowlands Property. It has a 100% earned interest in mineral claims located in the Kyle Lake area of Ontario, located approximately 200 kilometers (km) west of James Bay in Northern Ontario and about 80 km west of De Beers’ Victor Mine. It also has an interest in various mineral claims located in the Wemindji James Bay region of Quebec, Canada. It has an interest in certain claims located in the James Bay lowlands area of Northeastern Ontario, which covers approximately 36 square kilometers (8,944 acres) of ground. It has a 70 % interest in the Viljoenshof Diamond Project in South Africa.


TSXV:MTX - Post by User

Post by Oregonduckon Jan 17, 2022 10:58pm
160 Views
Post# 34327037

Your Mother’s Sound Advise

Your Mother’s Sound Advise"Son, if you knew the dawn is coming, you would have gotten up and not wet your bed"

This stock was at 12 cents a year ago Jan/21, you could have sold and bought it back at 3 cents now.Two decades ago, the stock was at $50 bucks on mile-high optimism. Chuck managed to piss away $100 million of shareholders' money hunting for diamonds across the globe including digging the U2 shithole but with nothing to show for.

Shareholders are all in the gutter looking up at the stars above. Chuck has one more kick at the can before being put out to pasture like an old mare.

The stock is so bad that it is looking attractive. There is no downside risk except it going  to zero. Roll your dice, dude.
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