Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 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.


TSXV:MTX - Post by User

Bullboard Posts
Comment by drew17on Jun 27, 2006 7:39pm
172 Views
Post# 11040449

RE: Charles Fipke

RE: Charles FipkeRegarding Chuck's lab, I bet that you would find that the prices that Kel-X charges for its' services are quite conservative in nature for MTX. You will also find that Chuck carried the cost for the services for MTX when the cash register was low. I believe you would also find that Kel-X is not designed to make a profit from the services (Administraion & Management)it provides to MTX for the T-1 project area. (This is what was supposed to have been in the article, which was recently in the Northern Business Magazine.IMO). As for P.R., I would rather the results speak for us shareholders. I would certainly like to see any positive results at a much quicker pace, but exploration is a process and it is in our best interests that it be done in a methodical and correct way the first time. If and when the results turn out to be positive the market will slowly realize the potential. Regarding the progress on T-1, it looks like at this pace of drilling we won't likely see any total 200-300 ton sample results until late Oct/Nov. However, we will likely see the results from the first bulk hole sometime in late July/Aug.IMO. The chart (Technical Analysis) on the share price of late does look horrid though. So I am guessing we will be at these levels (likely lower) until we get some very good sampling results. Take the summer off and then come back for a look. That's enough for now. Cheers.
Bullboard Posts