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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

Comment by Oregonduckon Sep 20, 2021 10:58pm
68 Views
Post# 33890855

RE:RE:RE:Worthless POS

RE:RE:RE:Worthless POS
pennymaker69 wrote:
coolshivers wrote:
Looks like a hedge fund from the PP.  They can take the loss. Soak em up!


I picked up 25000 shares in my RSP at 3 cents. My tfsa is maxed. and so my rsp.

News will be soon.

There will be no roll back as they don't need funds as they have 3 million and lots of drilling to do .


MTX just filed an interim financials. Cash down to $1.8 million. They did raise $3 million in Jan 2021 @ up to $0.09. Min price for new private placement is 5 cents. Rollback coming.

Chuck had spent over $100 million of shareholders capital since starting up hunting for diamonds in Africa, Morocco and Canada.

U2 is like a 800 lb gorilla (said by one idiot poster) that is really worthless more like a hole in the ground.

POS
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