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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.


TSXV:CD - Post by User

Cantex Mine Development Corp
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Comment by GSP_FANon Feb 26, 2007 11:03am
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Post# 12311222

RE: Future Value

RE: Future ValueThis is the response that I recieved from Chad......You can believe whatever you like, but I tend to believe the President of the company over rumours and/or hype... "I'm not sure exactly where ROB TV sourced their news but I can assure you that it is not from Cantex nor Chuck. I suspect that it likely arises from a recent interview that Chuck had while he was in Yemen. As you may be aware Chuck has just invested $1M in Cantex. Perhaps a "M" was replaced by "B" in translation? Although we are working our way towards a major mine in Yemen we are not there yet." Best regards, Chad Oh, and I can see that I might be coming across as being negative towards CD well I can assure you that I am not! I own lots of shares and can't wait for the day that our properties get developed but the simple fact is that in Chad's words "we are not there yet"....
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