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Bullboard - Stock Discussion Forum 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... see more

TSXV:MTX - Post Discussion

Metalex Ventures Ltd > No where yet
View:
Post by carter2 on Jul 04, 2022 1:11pm

No where yet

There is no Scandium mine anywhere in the world.  There has not been a minable deposit proven up anywhere.  So industry extracts from tailings to get 40 ppm.  So what would a proven resource be worth that has had samples of 400ppm along with some Gold?  Would an announcement of positive results from the upcoming drill program take us to $1.00 per share?  Would an announcement of a JV with Rino Tinto take our share price to $5.00?  

I think both are possible.

Comment by pennymaker69 on Jul 05, 2022 3:57pm
I am thinking higher... as a good chunk of shares is held by chuck. I wish they didn't blow most of that 3 mil on samples..... They need a drill program going to move this. The problem has been with mtx too many projects and not enough cash.
Metalex Ventures Ltd
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