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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 Oregonduckon Nov 16, 2016 5:55pm
82 Views
Post# 25471855

Jesus, Somweyunguy ??!!

Jesus, Somweyunguy ??!!
Are you a certified idiot ? Can you not read financial statements and filings? (a) Messrs. Waisberg, Nolan and Ulansky haven't loaded up on MTX as you claimed. They owned stock worth $300, $zero and $1,000 respectively amongst themselves. They sold pretty much everything they were awarded in shares for services rendered (Read the latest Sedar filings)...(b) Every one of the 6.7 million options outstanding is "out of money" (Go look up the term). There is not a single instance where they ever put up real money into the Company by exercising the options granted. Why? because they can buy them cheaper in the market. Around 6 million of those options were originally priced at $0.47 and $0.80 and subsequently re-priced much lower with weighted average price of $0.12...(c) Chuck must file an "Early Warning Report" as he owns about 50% of MTX, and Directors Waisberg and Nolan and Officer Ulansky must file "Insider Trading Report" for any buy/sell transactions within 5 business days...(d) Ned Goodman has terminated all interests in U2 and MTX years ago, but was stuck with millions of shares in lieu of getting the $5 million he advanced repaid. So, stop making up rumors about Ned circling MTX. Ned has cut all ties & is in bad health. IIROC would be interested in people spreading false rumors...You're really lazy about doing your work. What misguided baloney you put out !!!
Bullboard Posts