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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 churchfiloon Jan 30, 2010 7:03pm
646 Views
Post# 16736430

RE: Paging Churchfilo, Paging Churchfilo

RE: Paging Churchfilo, Paging ChurchfiloIt is unfortunate that the information recently provided isn't sufficient to make any type of judgement call. I could go on complaining about the lack of info and details but that would be just p*ss*ng into the wind.

Blue sky estimates for Al H from 2001-02 appear to hold true (16 million ounces?). My statement above should be copied here again. I'm getting spattered.

My concerns with Suwar aren't with the geology. I have a great dislike for large companies and Vale fits into my "don't trust them" catagory. Vale's interests are Vale's interests only. Cantex doesn't mean squat to them. They can, as they appear to be doing, ignore Cantex. We won't make a bump when they run right over us.
I am encouraged that they are still there and I hope Cantex wrote the contract in such a way that ALL info generated with remain property of Cantex.

As far as Vale thinking it is world class, check out T.VEN. Ventana thinks it has a world class deposit. It went from initial drilling less than a year ago to +15 drills drilling now. That is how companies respond to suspected world class deposits. I think Ventana has done an excellent job exploring their property and want to recognize their effort because they are one of the few companies that appear to be doing exploration like exploration should be done.

ALSO - I want to thank all who attended the AGM and contributed their notes and thoughts to the bullboard. The BS gets pretty deep here sometimes but I really enjoy the exchange of Cantex ideas that has taken place the last couple of days.
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