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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 don118on Dec 09, 2008 7:07pm
344 Views
Post# 15636157

RE: RE: If a share consolidation happened...

RE: RE: If a share consolidation happened...If there is some kind ot consolidation in the wind, I would hope that the powers that be would, at least, wait to see how it effects WSR.

As you all know, the W.S.R. is an attempt at saving the company. It's a shame too. Both of these plays are excellent with good management no matter how anyone feels now.

I've been into NOT and have seen traders sp's drop from over 7 dollars to 40 cents. Many have lost hundreds of thousands of dollars. On paper of course.

What I'm saying is that if this play can pull in it's horns, lay off a few guys and wait out this nightmare economy  we are experiencing, it then will have a good chance of surviving. 

Some good hits already. Prove up a bit when its safe to do so and everyone is back in the cash.

You all are aware that you miss a lot of info of you do not visit the other forum.

Take care

Don
Bullboard Posts