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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 RegularGuy2023on Apr 17, 2023 4:14pm
102 Views
Post# 35399136

RE:Mining Moratorium

RE:Mining Moratorium I have a small CD position and don't know much about mining in general.  I too have to disagree with OD.  However, I do have a reasonable understanding of geo-political situations.  If the germanium deposit is proven to be significant (and by significant I mean replace a significant portion or all of the world supply coming out of China and Russia for a equally significant number of years), then this deposit takes on national and international security interest (particularly for the US DND).  If this happens then grant money may be available to build infrastructure (roads, etc..) and I also see mining permit approval being expedited.  If CD already has good relations with FN then that will definitely help the permit approval process.

Yes, I know lots of "ifs" but isn't that why everyone is here.  In my humble opinion the germanium deposit is a game changer.
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