RE: MacrovuI'm hoping the Insider Group is right. Here's what
they think.
Cantex Mine Development [CD:ASE]
-- Targets Set and Waiting for Funds
Likely in preparation for next week's AGM, CD provided an update on progress in Yemen where the company continues to outline several
promising deposits on their massive land holdings. Unfortunately for shareholders in the short term, extensive surface sampling is short on
sizzle, and the stock will not likely respond in a meaningful fashion until actual positive drill results are available. The potential of the Yemen
property, if even partially realized, has the ability to move CD stock to new all-time highs (yes, "all-time" including the Goldtex days), but with
Fipke at the helm, patience is a must.
The company stated they would begin drilling in Yemen following the finalization of a financing for which they already claim to have a verbal
commitment. Again with the AGM coming next week, we could here about the closing of that financing very soon, and like Mighty Beaut, we
might then see some action...
I think your predictions are right for start-up.
cguy...