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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

Post by carter2on Jan 18, 2022 12:06pm
269 Views
Post# 34328863

2019 AGM management felt bad for the rollbacks

2019 AGM management felt bad for the rollbacks

They decided they were going to let the existing shareholders buy into the upcoming private placement for $1.00 per share and give us a warrant @ $1.50. The share price was .80 cents on the open market.  I spoke up and brought up the Suwar nickel deposit that was supposed to be as big as Sudbury which we still haven't received the results of Vale's airborne testing. They didn't have much of a response to that, after the meeting Chuck was telling me I was going to be Happy!! And he introduced me to a pal of his from Tech.
I Truly believe Chuck wants his investors to be rewarded for their loyalty and belief in him and his team.  Unfortunately without the promotion his companies won't slowly increase in price it will take a major and JV. When that happens that's when we wil have a share price that reflects our deposit. Think BHP has some cash to invest as they lost out on Norant.  Stay tuned results out soon. GLTA

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