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Cantex Mine Development Corp V.CD

Alternate Symbol(s):  CTXDF

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.


TSXV:CD - Post by User

Post by hope21on Jun 17, 2006 10:18am
524 Views
Post# 11002322

Why CD shares M/V dropping

Why CD shares M/V droppingTwo major factors Lack of timely news release.This has always been one of the major factors causing some frustrations for some investors of CD that's not helping matters as far as M/V drop.(I sometimes wonder if cd managements really do care about the market at all) The recent corrections in Gold and metals.Which I still believe is only short term setback that has been putting some downward pressure on CD shares ( M/V) Have you noticed that the drop in share price (m/v) has always been on small daily volumes which does not necessarly reflect the real market reaction that is positive in my opinion. Which also tells me that the serious investors are not getting out so fast because they do believe in CD like you and me. Good Luck to all
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