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.

TSXV:MTX - Post by User

Metalex Ventures Ltd

Bullboard Posts

Post by drew17on Jun 28, 2006 5:32pm

181 Views

Post# 11044886

Key Support Level Broke Today

Egaads. I thought the Technical picture for MTX looked horrid last night! Today we broke a major support level. IMO. I hate to say it, but I would not be surprised to see a further drop over the next week or two. I believe we might hit the mid .40 level before the holiday weekend. As for next week, you don't want to know. Don't get me wrong. I see the big picture and I will be here for the eventual rewards, which I believe we will see in time. Thank goodness for my other holdings. In any event, I enjoy the drama when it happens. Long and strong.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario