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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

View:
Post by bandi10 on Feb 08, 2024 1:07am

AGM

My take on why they kept minimizing, doing a 43-101 is that they don't intend to have to drill to that point. They want to have the J/V partner worry about that, as the interested parties, that they have the Confidentiality Agreement with, have access to all the data that CD has and can base their own potential tonnage on that data. The 43-101 would be important only if they were to consider going it alone, to finance a mine, which they don't intend to do. The FN meeteings are scheduled for next few months and they would hope that an agreemnet would be signed, which would be a good investment for a J/V partner to have. The important part of the agreement is that they would not put a road in untill a decision to mine would be reached, as the FN do not want everyone putting access roads in to all exploration sites, only ones that would have potential mine. Chuck kept trying to compare per ton value to an ounce of Gold/ton, or 20% Cu/ton. The Northern Section will concentrate on the Cu find and not bother with the gold for now. More when i look at my notes.
Comment by Matteo1234 on Feb 08, 2024 3:55am
Papi. Truth in the pudding. Stock price if flat after agm. Mkt says show me. Stayhard
Comment by coolshivers on Feb 08, 2024 7:08pm
added some CD today.
Comment by Matteo1234 on Feb 09, 2024 1:57am
Papi. I think I got to buy more CD. The Shiv is creating Envy. Stayhard
Comment by coolshivers on Feb 09, 2024 9:16am
very rich results.. good joob on chad on turning them around quickly even if it's friday.
Comment by coolshivers on Feb 09, 2024 9:54am
now have 80 meters of nearly 50% metal assays to look forward to. Just in time to make a copper discovery. :P
Comment by Matteo1234 on Feb 09, 2024 10:08am
Papi. Cost of Germanium today per kilo $2,839.40stayhard
Comment by coolshivers on Feb 09, 2024 10:31am
all those buys in the money.... so I'll just hold them for this mine in the making.. OR  maybe I can take Matteos gal out for V-day now.
Comment by Matteo1234 on Feb 09, 2024 10:41am
Papi. If mtx and cd rally hard my gf will definitley date you. She is a hot asian. Kind of like gold digger. Might have to up my allocation. Dont like guys who out work me. Stayhard
Comment by pennymaker69 on Feb 09, 2024 12:07pm
How many CD shares you got? I am at 60k and want 100k before they become a mine and taken over. I just hope I get a chance to get some room in my TFSA in 2025 if the price stays low by then to pick up some more.
Comment by Matteo1234 on Feb 10, 2024 3:41am
Papi. I have 25000 CD shares. Average $1.00 a share = $25,000.00 . Present value = $ 6250.  a unrealized loss of $ 18,750.00 . I will not buy more at these levels. I would rather buy at higher levels with more proof of discovery. I am underwater MTX and CD for years. Although I believe in Fipke. Chad not so much or rest of staff sucks in my opinion. I will not risk anymore good money after ...more  
Comment by pennymaker69 on Feb 10, 2024 12:00pm
Dude you should dollar cost avg down. if you have 25000 shares and it would  cost you just $500 to double that. and your cost per share would be .51 cents. I would get you up to 100k shares or  more and just wait it out. Chuck will find something and keep the company running. If it hits 1$ and you don't avg down... You be breaking even... While I will break a mil.... Don't be ...more  
Comment by pennymaker69 on Feb 10, 2024 3:29pm
My bad I thought this on the MTX board... But hey .. You should still avg down...
Comment by Matteo1234 on Feb 11, 2024 6:13am
Papi. Thanks Brah. I find it very auspicios that you took your time to convince me to buy more. In that case I will take your advice and buy some tomorrow. I will document my trade live and the Shiv can verify on his level 2 Ai system. I have $ 17000. to deploy. I will buy 33% Bitcoin 33% Ethereum 33% CD. Thanks. Stayhard