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 > Price sensitive

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Comment by pennymaker69on Aug 08, 2022 9:56pm

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Post# 34880518

RE:Price sensitive

yes. This stock is trading thin while waiting for news of the drill program to get going.

Last news was a summer drill program so hopefully soon. Most shareholders just holding so few shares flaoting around. Chuck himself owns 40% so this can pop nice if there is good news.

Hopefully soon!

GhettoJeppetto wrote:
I'm a bit green when it comes to understanding some of the variables of certain stocks. Is it normal for this stock to jump 8% with only 3800 shares traded....and only to have traded 3800 shares in an entire day?

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