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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 > Funny Money
View:
Post by Oregonduck on Oct 02, 2024 2:49pm

Funny Money

MTX just put out its latest F/S for the quarter ended July 31st.
Cash in bank $305k against debts of $2.57 million. The funny part is they valued the Juno shares at $5.7 million vs $4.56 million at prior period. If not for the nebulous valuation of the private investment with no market value, the Co would be in a deficit hole and be delisted. Funny business.
Comment by coolshivers on Oct 02, 2024 8:34pm
just give him 275,000,000 shares before we find out about the 8 conductor airborns. 
Metalex Ventures Ltd
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