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

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Comment by hope21on Feb 19, 2007 3:36pm

370 Views

Post# 12265097

RE: On the Verge

CF knows well enough that CD market value was way too low and I believe he kept it that way for a good reason. At the same time he could not have the cake and eat it and I am sure he knew CD could be taken over for peanuts if the time was right and he would loose this trumendous potential of CD. So he kept on buying more shares on open market so he doesn't loose control of CD. Some people were always wondering why is this man buying so many shares when m/v as only .05 .06 .07 etc Now we all know why 10 years later Good Luck Hope21

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