Metalex Ventures Ltd V.MTX

Alternate Symbol(s): MXTLF

Metals & Mining Industrial Metals & Minerals

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.

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Metalex Ventures Ltd > How Smart. Is your Advisor

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Post by Oregonduckon Apr 02, 2022 5:07pm

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Post# 34570432

How Smart. Is your Advisor

Some smartass poster here said if you have $100 to invest, please hire an Investment Advisor. Lol

Q: If your Professional Advisor, 20 years ago, recommended you to buy $100 worth of MTX shares or 20 shares at $5.0 each, how much have you got now??

A: The stock was consolidated at 1 for 10 which brought you down to 2 shares The stock was again consolidated 1 for 5, which reduced your ownership to 0.4 fractional shares. Since any fractional shares are not included in any splits, you are left with zero, nada, zilch.

Don't be a dumbass, put your $100 on a limped long-shot horse and hope they fixed the race like at VSE or Exhibition Park.