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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 cguyon Mar 13, 2004 8:51pm
478 Views
Post# 7205906

RE: Holding firm ...

RE: Holding firm ...This is what Fipke said when the deal with Falconbridge was just announced. Of course we all know things change rather rapid around here. hehehe https://www.stockhouse.ca/shfn/jul00/070600ca_fipke.asp "Answering questions about a possible listing of Cantex's shares on the Toronto Stock Exchange, Fipke answers "Definitely. I think it will happen by the fall." He also adds the company is planning a consolidation to reduce the number of shares outstanding. "It would be better for the investors if the shares were trading over $2.50" so they have the option of purchasing on margin. " cguy
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