Metalex Ventures Ltd V.MTX

Don't give up..

[wallpaper2]

Drilling to start soon with Chad and Chuck on their way.
No assays because drilling hasn't started? core didn't come out?  lab too busy? snow? rain? fire? drill bits? cash? or just hiding poor results? What's your pick?

[Massivesulfide]

Spoke with Jen last week. Original drill crew hired for May and delayed due to ice then fire moved onto other sites. Drill season delayed 75 days. Chad had to rehire a new drill crew which has been at it in Chibougamau for the last two weeks. Crew will be on site until the end of August. That's the communique from the horses mouth. CD financing not finalized either. Will come down to the wire.

[pennymaker69]

wait other sites like they drilling the B claim blocks and not A5?

[pennymaker69]

Sorry another question. Did you ask Jen who the hell was the big seller of the stock of late that dumbed millions of shares?

[Massivesulfide]

Everyone should realize that a million shares is only $25k at current prices. My theory (probably wrong) is that someone could be keeping their shares by cross trading to their TFSA accounts. Essentially you keep your stake in MTX whole and take a loss to offset against your other portfolio gains.

[bandi10]

Unfortunately, when you transfer from investment account to a registered account only gains are counted, losses are not deductible. Nice play on part of Revenue Cnada.

[coolshivers]

I did that last week. It's not done in market. and I will do it again today if it closes at 2.5cents.

[carter2]

You don't have to trade just transfer in kind

[bandi10]

Assets in a gain position A transfer of assets from your nonregistered account to your registered account is a taxable transaction. You will realize the capital gain on the transfer and will need to report the gains on your income tax return in the year of transfer. Assets in a loss position There are adverse tax consequences to transferring assets with unrealized capital

[pennymaker69]

Bandi can you write smaller? the Ant's can't read it .. too big...

[bandi10]

It was a poor copy and paste job. my mac is not condusive to try and copy some protected articles. Sorry, I'll try to magbifie it next time.

[coolshivers]

Its a disposition and contribution if doing it to RRSP.  3 cent ask is going to smash out 2 today. Place your bids if you are a die hard. All you can eat at 2.5

[Matteo1234]

Pappy. Bought some nice chunk .03 cent shares. Good luck to all. Stayhard

[pennymaker69]

I got some at .025 hard to say no to .025. Drilling coming up small easy bet. Then again I got WAY too many shares....