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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 > Mildly Optimistic
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Post by Oregonduck on Jan 28, 2023 6:32pm

Mildly Optimistic

I don't like the taste of Koolaid and not a Fipke groupie. He hasn't done anything since Ekati, blowing $100 million over the course of 2 decades on diamond projects from Angola, Greenland, etc, to U2. 

Although the Que claims are intriguing, the Scandium global market at about USD$80 million is very small.  The project, though,has some sex appeal for promotion. However, should Chuck find a shitload of gold in Que, it will really propel the stock skyward. Also, Chuck needs to send Chad who carries his water to SA to kick start the diamond project. Chad earns a 6-figure remuneration plus huge number of options at $1.00 in CD that he blew away at $6.00.

The reason I am mildly optimistic with MTX is because Chuck has surreptitiously claimed more grounds in Que. There must be something there.

Comment by coolshivers on Jan 28, 2023 9:19pm
Mine value is in FE/TI and gold. However those mix together is a mystery. I'll need to look at this new ground. 
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