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Bullboard - Stock Discussion Forum 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... see more

TSXV:MTX - Post Discussion

Metalex Ventures Ltd > A Shot in the Dark
View:
Post by Oregonduck on Oct 06, 2020 3:22pm

A Shot in the Dark

Our so-called influential Chief Nolan bought another 15,000 shares @ 5 cents. Wow, never happened ever!!! Why is this dude buying??

Also, there was the unusual deal wherein Chuck sold off Mtx’s interest in the Ring of Fire mineral claim and taking back an equity interest in the buyer’s private company. Perplexing Deal.

But wait. Chief Nolan is the VP at Noront. Is something cooking there? Accidental gold discovery or road to be built through Marten Fall FN that had previously approved U2’s deal?

https://www.google.com/amp/s/www.northernontariobusiness.com/amp/industry-news/mining/noront-samples-ring-of-fires-gold-potential-2643852

U2 sits on crown land but Attawaspikat would not approve crossing their Sacred Land 60 km from Victor Mine. Btw, they got over $100 million from Ottawa and the money could not be accounted for, still living in abject squalor.
Comment by Matteo1234 on Oct 07, 2020 9:21am
Talked to some missionaries in the morning and they said fn leadership team being pressured to create jobs. Covid-19 causing havoc.
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