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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 Feb 02, 2009 7:27pm
988 Views
Post# 15746761

RE: Directors only give themselves cheap options

RE: Directors only give themselves cheap optionsYes indeed sinofsky you are right on! If 7.8M options is worth mentioning - why not the 6M options that were cancelled. It is easy to do the math.

Don't know why I couldn't post the entire NR before - it showed up in the draft copy. Sorry for the double post, it did the same thing the second time ????

Hey our new guy Keiven Bauer is most likely headed to Yemen as per Chuck to do some improvements to the drill bits at  AH. Looks like CF is serious in getting the current phase of drilling at AH before summer - 57 more holes to go. Once drill bit improvements are done we should be getting a hole every day or two.

Congratulations to our two new officers Keiven and Chris Sammartino. Welcome aboard.

P10
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