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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 wallpaper2on Nov 20, 2010 11:31am
377 Views
Post# 17734149

RE: Diamond Fields of Victor

RE: Diamond Fields of VictorWhy would anyone sell at these prices?  Why do you think?  If history repeats itself like it always does,  then this puppy will spike and then drop while we wait weeks for more results. Buy back in when it drops and play the game as long as you are willing to chance it .   At some point you no longer sell and hold but I don't think we are at that point  yet. My opinion only. I have flipped it twice in the past couple months and hope to again. Your raisins are still not economically viable. You raise a valid point about DeBeers needing more pipes but we're not the only game in town.  If you want to watch a stock explode, put Newmac Resources Inc.   [V. NER]  on your screen and see what happens in the next two weeks. Thats where my profits just went.
Bullboard Posts