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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 Massivesulfideon Dec 06, 2022 11:49am
231 Views
Post# 35153546

Great poker stand off - your call Chuck

Great poker stand off - your call ChuckI think that if this was a year ago people would be lining up at this price to add to their totals. However, given the lack of drilling info this year, I believe most of us are sitting on our hands and tens of thousands to hundreds of thousands of shares waiting patiently. I guess the good news is that 90% plus of the float hasn't moved in the past 12 months. Very strange but not uncommon for mining exploration companies to have huge swings in price off of very low volumes. It is a little depressing to see the price drift lower but it appears that most of us are patiently waiting for the results to come in. GLTA!
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