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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 seekandfindon Jul 30, 2015 12:25pm
92 Views
Post# 23976238

Panic?

Panic?
Wait 3 years. Fipke just announced permits in april. Said was looking for both an exploration agreement with first nation and funding partner. The diamonds arent going anywhere. If cant get these 2 in place yes price will be pennies, but not over, the dice keep rolling. If he cant do this in 3 years imo, then we are in trouble. His history though is clearly of one who doesnt give up. With regards to rs, he did do this in 2009 with 2 to 1 split. Price went from 40c to 5 $. Bring it on . Large and Long MTX
Bullboard Posts