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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 Thovarainon Feb 25, 2008 7:33pm
317 Views
Post# 14541545

RE: One more thing

RE: One more thingGentlemen, I'm not dissing anyone here. It's fairly obvious isn't it? I have followed the stock and NOT been in till now. Why? Because buying in at below .30 is a GREAT entry point and buying in at $2.00 is not! Of course I realize those who are in at 1.00 plus are not happy and they may never break even unless Fip finds another mother. I sympathize - we've all been there. However, I trade to make money. I don't buy the story hook line and sinker. I'll bottom fish for the decent prospects and if I catch one (which is by no means always) I'll reel it in until I have made a decent profit and then exit. I have missed MANY shooting stars this way just as I have caught many. But I make money consistently. Simple strategies generally work best with these spec juniors. The old axiom 'Buy low, Sell high' is all too frequently ignored when caught up in the hype of the spec play. But that ancient adage is and always will be the ultimate wisdom. Thov
Bullboard Posts