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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
Post by kakundaon Mar 17, 2011 3:51pm
277 Views
Post# 18300670

ogo and cool shivers

ogo and cool shiversogo you are right about shore gold,like my father always said when the sizzle is on the steak thats the time to sell.with production being far away it s more watering the stock down  ect  ect.However l think mtx doesnt want to be aproducer ,but Chuck wants to collect his  royalties.Lets look at pgd,with 93 million shares less than  half the property,the location,p.p.and warrant is trading at 2 dollars..Mtx with 47 million shares  not including p,p, and warrants and owns the lions share of the properties ,if mtx comes close to pgd valuation at the end of the day with the diamonds then we are a 7 to ten dollar stock or more.its all about valuation at the end of the day.HOLDING LONG THE KAKUNDA
Bullboard Posts