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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 Sep 10, 2007 7:38pm
216 Views
Post# 13370480

RE: How

RE: HowI would say that today's sell orders (1 minute before the close) were nothing more than an attempt by a "Professional" to paint a negative picture on the stock price for the day. I believe that someone is making another attempt at forcing a few more sellers into the market at these lower levels before the eventual run-up in share price just prior to the AGM, which is expected in October. The stock will move once the management starts to come out with their anticipated news on results, the start of drilling or a deal with the FN.IMO. Although, sometimes I get the feeling that management is falling into the same way of doing business in MTX as they have done for CD, meaning hold back the news.
Bullboard Posts