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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Cantex Mine Development Corp

Bullboard Posts

Comment by hope21on Feb 17, 2007 5:07pm

369 Views

Post# 12257140

RE: Split

Let me make this point clear about the reverse split that I mentioned in my earlier post. I am not for the reverse split myself because I always believed CD has so much hidden value that has not never been reflected in the market value of its shares. But if we do need exercise that option It would still have a positive effect on market value of CD shares rather than the reverse in my opinion if the JV is in place. The option of exercising this split will only be determined by the type of JV that CD accept. Good Luck Hope21

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario