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Cantex Mine Development Corp V.CD

Alternate Symbol(s):  CTXDF

Cantex Mine Development Corp. is an exploration stage company. Its principal business activity is the exploration and development of mineral properties for commercial mineral deposits, and it is considered to be at the exploration stage. It is focused on its 100% owned 20,000-hectare (ha) North Rackla Project located about 150 kilometers (km) northeast of the town of Mayo in the Yukon Territory, Canada where high-grade massive sulphide mineralization has been discovered. Over 60,000 meters of drilling has defined high grade silver-lead-zinc-germanium mineralization over 2.3 km of strike length and 700 meters depth. It has a 100% interest in four mineral properties in Nevada. It has two projects in Yemen: Al Hariqah (Gold) and Al Masna (Nickel, Copper, Cobalt). The Al Hariqah is a near-surface gold deposit located about 130 km northwest of Sana’a, Yemen. The Al Masna’a nickel, copper, cobalt project is located in the Saadah region some 205 km north-northwest of the capital city, Sana’a.


TSXV:CD - Post by User

Post by CashRuson Feb 16, 2000 12:21am
598 Views
Post# 1381416

Now Concerned

Now ConcernedI have been in since mid Dec. for a considerable amount. As many of you, I have a friend close to the inside whom I trust. Since the start he has told me things that have come true consistently which continues to substantiate his credibility and source of information. A week and a half ago he said there would be 2 NR and not to be too concerned about the first as it would only tell part of the story. So I waited and sure enough. Today I'm told the same thing ... the next NR should be out this week and that all is positive. I'm told the first 10 metres are important which sustantiates some other posters who have recently questioned historical reference to this depth for the last year which is not referenced in last NR. My friend bought more stock today. I did not. Today CF is in Yemen but this will not hold up next NR. My concerns are as follows if you can help: 1) My source said part of the reason for the piece-meal disemination of info. from the company is that they are trying to flush out or weed out some of the not so serious investors from those that have been around. I can't for the life of me figure this out ..... dosen't make any sense to me ... Can anyone shine some light here? 2) Where are those geologically astute longs which have provided so much guidence to us minerally uneducated over the last few months. Their lack of presence along with Thomsomi is unsettling. Should we assume Xen;Ahmed;Dr.Green; etc. have moved on to greener pastures? I am hanging in but am now a little concerned. PS. When & how will we hear results of conference call or are we to only review Cantex sight? Would be great to hear your candid interpretations. (ie:Krazytoo)
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