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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 2:15pm
114 Views
Post# 29543766

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

RE:RE:RE:market cap $100,000,000....I can only speak for myself and not others that lost on past projects with Mr. Fipke in Yemen. The past is the past and I must concentrate on the now on this project in the yukon and consider its merits.The Tinka company someone mentioned I don't know but toook a quick look and it is in Peru I believe with lots of shares out and drilled up to the numbers mentioned.
 This project in Yukon within Canada I like.
 100% owned.
Small float, great insider ownership in shares.
 Cashed up, but cashed up with rich succesfull peoples that won't probab ly be selling share into the market if the results keep coming.
 Here is the part I like a llot, that is, they make a discovery that is rich and the intrigue is in how big it might be. The story has not unfolded yet, that is the driver I like. If it turns out to be a dud it will go south but if it turns out to be a big rich system then it'll get to a 500 million cap with out breathing hard pretty quickly. 5 times where it is now would be nice.
Again, I understand the past sorrows, but one has to understand what lies ahead with this, as Spring drilling starts. We'll all know when the cores start coming and assys follow. All the best if you want to sell now however.

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