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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

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Post by coolshivers on Apr 19, 2021 9:08am

NEWS

Very well written news release this morning.  It's nice to see a bit of added education in the technicals and clarity around the RIO plant.  Heck, took me a decade to figure out microdiamond counts so this plain as day release is very helpful. Thanks Chuck..
So the scandiaum looks good.   But how much gold is there and what's this thing value at.
Comment by coolshivers on Apr 19, 2021 9:17am
How do you value this thing?  On just scandium?   I mean smart people stuff here so Backwarks man, Tom, and Matt are not being asked to participate. Rough rough calculations...  MTX sends this stuf to RIO plant. They will be glad to buy it.. The grade is double the global averages.  Can they do 80,000 KG a year?   @ $2000 a kg. 3 mins of my time reading this ...more  
Comment by harmony3 on Apr 19, 2021 9:21am
Link to news: https://www.stockwatch.com/News/Item/Z-C!MTX-3064881/C/MTX
Comment by pemican21 on Apr 19, 2021 9:21am
KELOWNA, BC, April 19, 2021 KELOWNA, BC, April 19, 2021 /CNW/ - Metalex Ventures Ltd. (TSXV: MTX) (the "Company") is pleased to report that exceptionally anomalous amounts of ilmenite as well as highly anomalous scandium analyses of ilmenite-rich concentrates have been received for 22 of the 24 heavy mineral samples tested and collected on its 100% owned gold-scandium claims located ...more  
Comment by bandi10 on Apr 19, 2021 12:16pm
Thanks Cool. Good to see you excited about this project. Chuck may pull something out of his hat yet.
Comment by coolshivers on Apr 19, 2021 3:40pm
Fipke with a nice phat buy.  Thanks Chuck.. We've all earned it! 
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