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Bullboard - Stock Discussion Forum 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... see more

TSXV:MTX - Post Discussion

Metalex Ventures Ltd > Will Purcell - Stockwatch
View:
Post by Oregonduck on Jan 12, 2021 10:12am

Will Purcell - Stockwatch

Purcell had been a perennial wet blanket.

MTX still has to close another final tranche of $1 million plus PP already committed and spoken for. That money will likely target SA diamond play.I expect the diamond project will be delayed due to infectious Covid variant  in SA. Like CD, MTX stock will likely move much higher to allow other rounds of PP’s at much higher prices. CD raised the first round at $0.15 (post rollback), $1.00 and up to $6.50 for $10 million more.
Comment by coolshivers on Jan 12, 2021 1:00pm
ya. a basher for years..  
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