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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

Post by SouthernTierTomon Jan 15, 2022 10:34pm
194 Views
Post# 34321160

Bear in mind, Chairman Charles Fipke is a "class act"...

Bear in mind, Chairman Charles Fipke is a "class act"...and a very wealthy one to boot.  Ranking among the welathiest of Canadiens.

The only recent STAT to "bear in mind" is the fact he graciously accepted about 32 MILLION shares of MTX at 8.5 cents CAD to cover off a debt we shareholders owed him of about 3 MILLION dollars....IMHO, good thing for us, for if the stock were to "magically move" well beyond this level, the "chart says" you could have bought ALl you wanted at less than 1/2 of what he accepted..VERY fare and very ethical and just perhps...very "strategic" ; - )

Always do your own due diligence and seek pro help for amounts beyond $100 CAD or USD...

Best of luck friends..and "otters" ; - )
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