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Metalex Ventures Ltd MXTLF


Primary Symbol: V.MTX

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 > Roll back with big news our only chance?
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Comment by pennymaker69on Mar 18, 2024 10:41pm
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Post# 35939598

RE:RE:RE:RE:RE:Roll back with big news our only chance?

RE:RE:RE:RE:RE:Roll back with big news our only chance?
Looks like someone on CEO.ca on the CD board wanted to reply to you...
I don't put much stock in what he says but...

@Santa71 Just read some “old timer” poster on Stockhouse Bullboard who has been around for two decades or more hanging by the skin of his teeth. He was incorrect to state that the minimum pricing is 5 cents for placement. That had been temporarily suspended and subsequently reduced to minimum 1 cent. Also, the Juno Corp shares cannot be monetized quickly as they are still a private Co with no public market. Juno is owned by Rob Cudney. While Chuck dislikes rollback, his but he had no choice in the past with CD and MTX gone through a few consolidations at the time the shares became almost worthless like 1.5 cents. How much is Chuck worth? He sold his last Ekati’s ten percent stake for about $70 million. I would say he is not worth more than $100 million now. He gave away all his Dia Met shares to his ex-wife after BHP took it over. He said years ago, he was not ahttps://www.tsx.com/resource/en/2872
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