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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

Bullboard Posts
Post by Ken1234on Feb 05, 2004 10:40pm
231 Views
Post# 7010940

Get Real

Get RealI'm tired of reading such illiterate drivel on this board. I'm in long but I realize I'm taking a calculated risk. Calculated because sophisticated investors do not over-subscribe a PP when they know full well cheap shares are coming free trading shortly after they invest. Calculated because more than one in the know stock analyist has recommended this play. Calculated because whatever his oddities, and they are many, Fipke knows his business as well or better than anyone else in the diamond field. Calculated in that the news, while sporadic and guarded to the point of cagey, is still on balance positive. Risk, because like all mining plays if you strike paydirt you go to the moon, and if you don't, you go into the tank; ergo, hope for the best but plan on the worst. Diandon is encouraged and hopeful as am I. That said I find his perspectives to be balanced, thoughtful and instructive. A lot of other commentary on this board could only have come from investors or wannabes with the IQ of a walnut. Let's raise the bar a bit on the dialogue please.
Bullboard Posts