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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Post by Thovarainon Feb 25, 2008 4:27pm

159 Views

Post# 14540703

One more thing

I see some posters wer wondering about the ask that sat at .37. Pretty obvious to those of us who know what goes on but for the benefit of the newbies - the ask at .37 was a 'red herring ask' intended to create a false cap (for accumulation and shake out). I guess some of you greenhorns may have almost figured that out by now! LOL. Sorry no offence but some people do post some pretty green things on these boards. By the way - you will almost certainly see that tactic used again here. Don't be fooled twice! Thov

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