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Bullboard - Stock Discussion Forum
Cantex Mine Development Corp
V.CD
Alternate Symbol(s):
CTXDF
Metals & Mining
Industrial Metals & Minerals
Cantex Mine Development Corp. is an exploration stage company. Its principal business activity is the exploration and development of mineral properties for commercial mineral deposits, and it is considered to be at the exploration stage. It is focused on its 100% owned 20,000-hectare (ha) North Rackla Project located about 150 kilometers (km) northeast of the town of Mayo in the Yukon Territory...
, Canada where high-grade massive sulphide mineralization has been discovered. Over 60,000 meters of drilling has defined high grade silver-lead-zinc-germanium mineralization over 2.3 km of strike length and 700 meters depth. It has a 100% interest in four mineral properties in Nevada. It has two projects in Yemen: Al Hariqah (Gold) and Al Masna (Nickel, Copper, Cobalt). The Al Hariqah is a near-surface gold deposit located about 130 km northwest of Sana’a, Yemen. The Al Masna’a nickel, copper, cobalt project is located in the Saadah region some 205 km north-northwest of the capital city, Sana’a.
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Bullboard (TSXV:CD)
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(163)
•••
Waivergod
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Comment by
Waivergod
on Oct 01, 2024 7:10pm
RE:RE:When a person does some math
Yeah 60 per share seems like a stretch but man that would be awesome. Dareto dream
(80)
•••
Massivesulfide
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Comment by
Massivesulfide
on Oct 01, 2024 6:16pm
RE:When a person does some math
Carter2, Can you run that math calculation by me one more time? The last time I checked Junior mining exploration companies were typically paid between five and 10% of the gross proven tonnage. I
...more
Energy Co Unveils Q3 2024 Results: Record Growth & Strategic Expansion
posted Nov 21, 2024 9:00am by
Coelacanth Energy Inc.
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|
In Q3 2024, Coelacanth started the construction of its planned $80.0 million infrastructure project that includes over 35 kilometers of pipelines and a facility to handle current behind pipe volumes and future expansions. Ultimately the facility will be able to handle approximately 16,000 boe/d of which Coelacanth has approximately 4,400 boe/d tested but shut-in at the 5-19 Two Rivers East pad ...read more
(27)
•••
Oregonduck
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Comment by
Oregonduck
on Oct 01, 2024 4:51pm
RE:When a person does some math
In 2022, the US imported US$60 million worth of germanium. The demand for both critical minerals by US manufacturers in 2022 is estimated at: gallium: US$225 million germanium: US
...more
(27)
•••
Oregonduck
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Post by
Oregonduck
on Oct 01, 2024 4:08pm
Don’t want to pour cold water on the news
It is like putting the cart before the horse when speaking about JV's. No road, no zinc mine, no nothing. Looks like this drilling season might be the last. There is no snow ball chance in hell
...more
(114)
•••
carter2
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Post by
carter2
on Oct 01, 2024 3:36pm
When a person does some math
You have to believe that someone will want this deposit. 144 grams per ton X $2.64 per gram = $380.16 per ton. Let's say 40 million tons of ore. that would make the deposit worth $15,206,400
...more
(114)
•••
carter2
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Comment by
carter2
on Oct 01, 2024 3:06pm
RE:RE:RE:Low Geranium 144 grams per ton
$5.00 would do me fine for 3/4 of my holdings, keep 25% because you know Royalties will be in play.
(163)
•••
Waivergod
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Comment by
Waivergod
on Oct 01, 2024 2:52pm
RE:RE:Low Geranium 144 grams per ton
Thanks for you insights, what number would you be truly happy to.take at this point? I'd be very happy with anything higher than 3$ and I'd be stoked for 10+
(114)
•••
carter2
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Comment by
carter2
on Oct 01, 2024 1:17pm
RE:Low Geranium 144 grams per ton
Actually talked with the company and it's not a typo. What it is is a more accurate gram count. So we are basically the same Geranium grade as Red Dog which is good. Drilling will last
...more
(114)
•••
carter2
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Post by
carter2
on Oct 01, 2024 12:38pm
Wonder if that was a typo
For the company to say Exceedingly High Geranium results and the number is only 144 grams per ton, when prior results were averaging over 600 seem odd. 1044 grams per ton would qualify as Exceedingly.
(80)
•••
Massivesulfide
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Comment by
Massivesulfide
on Oct 01, 2024 11:56am
RE:Low Geranium 144 grams per ton
It's always been about tonnage. Roughly 15 million tons by my estimation. Zinc and lead holding up better than fireweed and silver looks good too. Get us 7 bucks Chuck and I'll say thank you.
(114)
•••
carter2
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Post by
carter2
on Oct 01, 2024 11:47am
Low Geranium 144 grams per ton
Compared to Feb 9th's news of 663 grams per ton. Can't say I'm excited about this news. Suspect we will see the same old same old and we will be back at 12 cents by end of the
...more
(43)
•••
harmony3
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Post by
harmony3
on Oct 01, 2024 11:31am
News Release ?
I thought we would get assays from this years drilling.
(0)
•••
PressRelease
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Post by
PressRelease
on Oct 01, 2024 9:01am
New Press Release - CANTEX RECEIVES EXCEEDINGLY HIGH GERMANIUM RESULTS FROM DRILLING AT THE MAIN ZONE AT ITS 100% OWNED SILVER-LEAD-ZINC NORTH RACKLA PROJECT, YUKON
www.cantex.caKELOWNA, BC, Oct. 1, 2024 /CNW/ - Cantex Mine Development Corp. (TSXV: CD) (OTCQB: CTXDF) (the "Company") is pleased to provide an update on its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon.Dr. Charles Fipke reportsBulk Germanium ResultsCantex's directors...
read article.
(18)
•••
Emili0
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Comment by
Emili0
on Sep 30, 2024 1:19am
RE:RE:RE:RE:RE:RE:Rbc 2 dumping
The math was a bit off. It would only take $13,000 to buy 100,000 shares at .13/share. If we got bought out at $10/share then you would have a million dollars tax free. But even better.
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