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

<< Previous

Bullboard Posts

Next >>

Post by Oregonduckon Nov 24, 2022 5:48pm

291 Views

Post# 35126429

About Chuck’s Comments

I left before Chuck showed up late. Thanks Carter.

He was asked years earlier why he is still hunting for diamonds, he replied, "They don't make $1 billion lottery". Well, he was wrong. The Power Draw prize in the US last week went over $2 billion. Don't get sucked in to the dream of becoming another Diamet millionaire. You will do well getting a 10-bagger by next year.

Just to add to Chad's comment that the 2 million shares in private stock Juno Corp owned by MTX could be worth something. Should Cudney take it public, the share holding could fetch $4 million if sold at, say, $2/share.