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

Comment by bluerayon Jun 01, 2010 3:05pm

298 Views

Post# 17147465

RE: RE: RE: RE: RE: Lasonde sez Debeers is funning

the problem buying anything right here is that gold could go $250 bucks either way and if its down it would kill all the exploration shares . Many of these exploration shares could then possibly trade for less than the cash they have in the bank.

so if U say mtx has 40 cents a share it could get there if gold goes down a couple hundred bucks.

I had a small olv postion and put in a 90 cent sell .....when eric king sells his position olv will hit a new 52 week low

Bullboard Posts

REITS over single property investments