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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 jimdolon Jan 20, 2016 12:30pm
79 Views
Post# 24476989

RE:Aloha from Oahu

RE:Aloha from OahuOnce again Oregonduck--nothing but unsubstantiated rumour and speculation about u2---your unsubstantiated rumour about FN agreement last week hyped people into chasing stock up to 8.5c--when rumour unconfirmed your followers are now scrambling to get out at 6.5c-I was in your camp for some time-Yes U2 could have great potential but due to past history of delays Ive changed my opinion,I now feel no one should jump in until FN signed and financing announced--if not done soon ,you may even buy below 5c.My reason for turning bearish is also connected to climate change and viability of ice roads,as expressed by national FN leaders--the longer mtx delays the more real this concern becomes!I have lessened my holdings but still will hold a small amount and will not add to my position.,until confirmation of FN agreement and Financing agreement--chasing on rumour and spec is ill-advised as we just saw this week
Bullboard Posts