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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 Nov 22, 2022 12:25pm
106 Views
Post# 35119060

RE:RE:RE:Don’t Drink the Koolaid

RE:RE:RE:Don’t Drink the Koolaid

carter2 wrote: With the PP, which I bet Chuck subscribe to as no one else on the planet will touch this thing based on past performance.  Also if Morocco paid their bill yes there should be enough cash to proceed with some drilling.  Focus on one project Chuck and get this stock over a buck then maybe Chucks horse buddies might want in.


Agree...Why on earth, they let the 12 million warrants @ $0.10 to expire worthless by Jan 2023 when they could have put $1.2 million into the treasury?

The expression "Drinking the Koolaid" goes back to the Jonestown massacre where devotees died drinking poison mixed in with the Koolaid in following the beliefs and command of Jim Jones, the cult leader.



 

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