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.

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Metalex Ventures Ltd > " "Private Party" - last major entry at 8.5 CAD

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Comment by Matteo1234on Apr 16, 2022 1:49am

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Post# 34607245

RE:RE:RE:RE:RE:RE:RE:" "Private Party" - last major entry at 8.5 CAD

The problem with this company is....None of these board members own zilch shares. Although Fipke is a hall of famer and owns about half the co. Chad, Jennifer, Chief and others own squat. No skin in the game. No incentive. Board members should be Southern Tom. Penny for your thoughts. The Shiv Coolio, and yours included. The board should comprise of the largest shareholders. Hence the incentive to perform. Chad and Jennifer are like employees getting a paycheck, couldn't care less about SP value. This was evident at the annual meeting. Stayhard.

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