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Cantex Mine Development Corp V.CD

Alternate Symbol(s):  CTXDF

Cantex Mine Development Corp. is a Canada-based exploration stage company. The Company's principal business activity is the acquisition and exploration of mineral properties for commercial mineral deposits. The Company’s primary project is located approximately 100 kilometers northeast of Mayo, Yukon Territory, Canada. The Company has approximately 1,075 claims covering over 21,500 hectares in the Yukon. The Company has a 100% interest in four groups of gold exploration claims comprising of approximately 86 claims. The Company has two projects in Yemen: Al Hariqah (Gold) and Al Masna (Nickel, Copper, Cobalt). The Company owns 60% interest in the Al Hariqah (Gold) project. The Al Hariqah is a gold deposit is located approximately 130 kilometers (km) northwest of Sana'a Yemen. The Al Masna'a nickel, copper, cobalt project is located in the Saadah region approximately 205 km north-northwest of the capital city, Sana'a, and 25 km south of the border with Saudi Arabia.


TSXV:CD - Post by User

Comment by piper10on Apr 10, 2006 12:59am
439 Views
Post# 10651251

RE: 35 million shares........

RE: 35 million shares........I would have to agree with you 100% on that Carkis. By far the vast majority are holding their shares awaiting the real payday some time down the road. That day is to be found only on Chuck’s calendar. Of the 35 million shares I wonder how many flipped multiple times since we had the news of the 11.33-meter intercept at Suwar on February 20? The actual number of different shares traded maybe less. Certainly most of those who were given the chance to participate in the last PP and received what is now cheap 5 cent shares look to be holding for the ultimate payoff. With all that said the last news out of Suwar is now nearing two months old. During this time, we know Al Hariqah is continuing to move forward, with news being released seemingly one bit at a time with the assay results through the ALS Chemex labs in Vancouver. Consistency is the order of the day when it comes to interrupting those results. It would look like AH is proving to be just what it was thought to be – a deposit that demonstrates drill intersection grades consistent with operating open pit gold mines. But Suwar has been quiet – too quiet!!! It would not take much to quickly change that situation. P10
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