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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 gumspiton Mar 27, 2019 1:10pm
103 Views
Post# 29543336

RE:market cap $100,000,000....

RE:market cap $100,000,000....Understand there was a very rich discovery last season. It is the possible size of this richness and the samll amount of shares out that can drive this up. Company went from under one million money to now $15 million. Remember that the drilling of the 75 holes the company said it is going to drill has not started yet. When it does you may change mind about 100 million cap as it will go higher if they find rich assys in these holes over the distance they are wanting to drill. One mile or kilometer in Canada. I alwys rememebr Diamet couldn't go higher till it did. Mr. Fipke also adds to this play as does the Dundee types backing him. $2.00 range could be like spit if this find has size to it. We know it is rich from last year. Selling your shares before the biggest drilling starts and before this gets underway, knowing how rich this is and how big it could be is premature imo. I mean the stock is going up as everyone wants in and we have not even started yet. Ask yourseld why.
Good luck to us all.
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