Cantex Mine Development Corp V.CD

maybe something coming down the line?

[bandi10]

2022-01-28

Frolick, Vernon

23,000

Buy in the public market at $0.25 per share

$5,759.20

133,740

[SBM0045]

Lets hope, it still baffels me that all indications point to a world class mine and people are still willing to sell at 4.25

[SBM0045]

oops,was supposed to be  $.0.25

[coolshivers]

A JV partner will have to pay what Chuck wants if they want it.

[carter2]

 Tech is interested for one.  Chuck does not want to JV with a major that just wants to add the property to their Ore Reserves, and that is what Tech might want.  I suspect the Zinc, lead, silver property will be sold off for around 1.5 billion with a 2% royalty.  The copper and the gold properties will remain under Cantex and await a JV partner.  Just my opinion. GLTA

[coolshivers]

hope so.,.  I had a deal with teck (drops pants shows wanker) but blah blah blah COVID excuses over the last 2 years got the better side of the deal. Now we dead.  This property has ore. I don't care about day to day prices. Chuck better sell it.. Or going to the grave 1 hit wonder. Then he can chase MTX discovery with RIO.

[Stevesack]

Yes I hope your right Carter but a 1.5 billion dollar takeover would be 23 bucks a share if it were done today. Might be a little ambitious. I personally would like to know who's feeding the market with cheap stock. It is only a couple of brokerage houses selling if you consider anonymous as 1 or 2 houses. Anonymous trading should of course be banned 

[NWestGuy]

I'd take 23 dollars for my shares, but I assume they wouldn't actually offer that much now.  A dollar would be a big premium today, but I guess Chuck owns a majority and wouldn't sell that low. I hope something gets going.. 

[coolshivers]

The need the last batch of holes plotted on the internal tonnage and grade maps that we don't have!!

[Garnair]

There are 30 more drill holes still at lab, things are very slow with Covid and lots of other explorer assay's to process as well. Some holes are very high grade so assay process takes longer which is a good sign! Results should start trickling in here any day. Higher share price soon let's all hope. IMHO. G

[MrJimLahey]

does anyone remember the AGM a few years ago when Chuck said something about $80 a share?

[SouthernTierTom]

Was that at the MTX AGM or the CD? TIA

[pick4ore]

That was at the CD agm.

[pick4ore]

Yes, Jimmy, i recall Fipke saying that. I can't imagine anyone paying that much p/share. He's stubborn. He won't give in. He'll wait till he gets what he wants.