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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
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Comment by carter2on Dec 04, 2017 11:39am
131 Views
Post# 27085175

RE:RE:$4.00 before Christmas

RE:RE:$4.00 before ChristmasWell this is not Cantex and if it was not for the Egypt uprising we would have a gold mine in Yemen. Metalex won't be diluted to raise funds for U2. the investors will be buying into the U2 project not MTX. Share price will rise when FN agreement signed, then when the JV partner is announced. The price will continue to climb as the drill goes down. There is not many shares out there in the float. Chuck owns 41% and I have 1% of the remaining. 2018 is going to be a good year GLTA
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