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 pureon Jul 14, 2014 2:04pm

135 Views

Post# 22743534

RE:RE:come winter

Dundee? 5 milion loan (which they halved by providing their gear) pretty cheap and risk free to get in on U2. When the rubber was about to hit the road I doubt very much they had $12.5 million to put up.

So now they can walk away being owed $2.5 million (interest free at that). with nothing to show for it.

As for permits? Ontario government needs money. How much is Victor paying in royalties? Nuff said there.

As for the Aboriginal claims? , money talks.

So yes, would say that it is Fipke who is the fox here. He alone knows what is in the ground.

Just cashed in some pocket change from Etaki, coincidence?

we will see what MTX dhare price does....

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