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 for the exploration of diamonds and owns 100% of the non-diamond project. It also has a 100% interest in certain mineral claims in the James Bay Lowlands area of Northern Ontario. It has a 70% interest in the Viljoenshof Diamond Project in South Africa.

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Metalex Ventures Ltd

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Comment by sumeti_not_comon Jun 27, 2006 3:39pm

62 Views

Post# 11039440

RE: Dilution, dilution, dilution

Its all in the promotion of your assets.........its a skill just over a year ago you could have bought tnx (twice as many shares as mtx)for under a buck.....I always thought MTX had more diamond opportunities than tnx and cantex had better AU and base minerals results than what tnx has put up so far. But having something and knowing how to promote it are two different things as you can se by the price. https://biz.yahoo.com/prnews/060627/to221.html?.v=29

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