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

Post by Oregonduckon Apr 07, 2016 11:16am

125 Views

Post# 24740813

Baffled

Surprised the stock didn't get any bump up this morning based on the Twitter rumors. It has been about 10 years, dating to the time under former Chief Spence, that the U2 project is stopped dead on its track. Chuck must have found some significant kimberlite indicators last year to ask Attawapiskat Council for a 10-tonne "mini sample".

The stock might also be collared and bottled up pending some other market-moving news expected soon.

Well, MTX will suddenly take off when it's ready to move. The Company does seem to be looking up after a long hiatus running on fumes.

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