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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 > labs are backed up
View:
Post by Matteo1234 on Nov 02, 2023 6:50am

labs are backed up

Papsky. Do you think millions of shares are being washed thru as a result of a reverse stock split. Ive never seen anything like it. Seems controlled. Stayhard
Comment by pennymaker69 on Nov 02, 2023 11:36pm
No I dont' think a reverse split has anything to do with it. They did get approval in the past for a 20-1 so they can do it anytime they want. it would be brutal if they did one. But they still have cash on hand plus the Juno shares last valued at 4 million so they dont' need to do that yet.  But we need drilling results badly. Anyone called the company of late? I had no luck.
Comment by Matteo1234 on Nov 03, 2023 4:07am
Papsky. High interest rates at these levels probably dried up private placements. Hence sell off in the juniors and penny stocks. Stayhard
Comment by Matteo1234 on Nov 03, 2023 11:32am
Wayne Gretzy just bought a few.
Comment by GhettoJeppetto on Nov 03, 2023 8:38pm
Ha, nice.
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