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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 > Spoke with Chad yesterday
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Post by carter2 on Aug 23, 2022 9:21pm

Spoke with Chad yesterday

Questioned Chad saying 21 weeks ago a news release said there was going to be a summer drill program, what's the plan?  He said it's not a good environment to raise cash in right now.  I was in the understanding That we had enough cash on hand to drill Quebec as it is easy access.  If Morocco paid their bill that would also help with less financing.  Something seems a bit off here, am wondering if there is not a someone looking at the property, with possibly a deal in the works.  On the Cantex front the crew is on the days off for a bit then going back and drilling the gold targets.  When I mentioned the rumours  of a sub Five dollar offer Chads response was" I wish". Seemed like a strange comment as Chuck was talking $60.00 per share.  Be interesting when the drilling is done.
Comment by Matteo1234 on Aug 25, 2022 3:58am
Pappy. They all know Gold is about to Rally to $3000. Then money will come rushing in. Private Placements are being drafted. Stayhard
Comment by Matteo1234 on Aug 25, 2022 6:57am
Also Papster. Your spidey sense should have alerted you that if Fipke is buying in the open market. No fresh news for awhile. Market restrictions. Stayhard