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 > Dumpster Fire

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Comment by Oregonduckon May 03, 2024 3:34pm

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Post# 36022357

RE:RE:Dumpster Fire

coolshivers wrote:
ya but chuck is going to make us rich right... put me down for a role in the movie.

How do they go from drilling the richest Scandium discovery in the world and found visible gold in Quebec to nothing? They raised $3.1 million 3 years ago based on those claims. That would be misleading to investors. Similarly, in Cantex, they said they found 51% Zn and raised over $12 million @$6.50, and soon after, said they found some cores with nothing. That stock plummeted to $0.165. Yup, buy low, keep averaging down and be patient. That's how millionaires are made.

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Eminent acquires promising Nevada gold project