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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 > Price sensitive
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Post by GhettoJeppetto on Aug 08, 2022 9:44pm

Price sensitive

I'm a bit green when it comes to understanding some of the variables of certain stocks. Is it normal for this stock to jump 8% with only 3800 shares traded....and only to have traded 3800 shares in an entire day?
Comment by pennymaker69 on Aug 08, 2022 9:56pm
yes. This stock is trading thin while waiting for news of the drill program to get going. Last news was a summer drill program so hopefully soon. Most shareholders just holding so few shares flaoting around. Chuck himself owns 40% so this can pop nice if there is good news. Hopefully soon!
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