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Bullboard - Stock Discussion Forum 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... see more

TSXV:CD - Post Discussion

Cantex Mine Development Corp > A Dog’s Breakfast
View:
Post by Oregonduck on Mar 05, 2023 4:03pm

A Dog’s Breakfast

Latest financials a mess. How did cash get depleted from $3.5 million on July 31, 2022 to Oct 31, 2022 of just $375k in a short three months ? The current liabilities have not changed. The Co has a deficit hole that needs to be plugged up. Chuck had thrown a lifeline to keep the Co afloat. Cumulative losses since 1998 have amounted to some $99 million with no mines to show for.

Robert Friedland's Ivanhoe Mines will restart its zinc and Germanium mine in South Africa shortly. CD has no chance of being acquired or doing a JV. No sane major miner will deal with the ESG problems and First Nation treaty rights in Yukon. CD is a facsimile of MTX, moving in a snail's pace for 2 decades with dilution and reverse splits. In another 10 yrs, Chuck would be pushing 90. 
Comment by MassiveisKing on Mar 05, 2023 7:09pm
C'mon Brah 
Comment by Massivesulfide on Mar 05, 2023 7:59pm
Bat duck is flashing the bat sign again. We've now been warned by the mallard for the 100th time. Maybe a new hobby is needed. The Chinese and Russians are looking for vigilantes.
Comment by MassiveisKing on Mar 05, 2023 8:32pm
True that Brah. 
Comment by carter2 on Mar 05, 2023 10:11pm
And why is it you are here?  Obviously you claim this to be a dog.  Move on take your losses.  Don't be bitter you made a bad investment. 
Comment by Massivesulfide on Mar 06, 2023 2:32am
Some people say that the glass is half empty, while others say it is half full. If you are the mallard, you don't even see the glass. If Chris Rock can forgive Will Smith, the water fowl should let its personal enmity towards Chad and Chuck go already. Agreed Carter2, it's time to move on. It's just not mentally healthy to focus all your obsessive hate on these boards.
Comment by Snowball1843657 on Mar 06, 2023 10:20am
I agree with everything you say about CD. I have been in the red with Dogtex since 1996 when they were called Goldtex. They changed their name when Bre-x ruined the Market for decades.  Cantex is trading 21 cents off its all time low I have been buying at lower prices just to get my money back. There will be a lot of people jst waiting to get out of this dog.Yes I will be one of them.
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