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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 carter2on Sep 15, 2007 6:21pm
361 Views
Post# 13404898

shareholders not important

shareholders not importantIts to bad that management does not respect their shareholders enough to post a simple monthly shareholder update on the Cantex web site. Its not like there is nothing going on. They could tell us at least that the drilling program for Wadi Quabah is complete, results due ??. They could tells us the drill is drilling # 3 hole at Suwar. They could lets us Know that there is a major Mining company whom have looked at all the data pertaining to Yemen, and a delegation from that company is planing to do a site visit once Ranadom is over. They might want to mention that the potential JV partner is looking at Wadi Quabah, Suwar and Al Harigh properties. The best reason I can think of why there is little news and no promotion is the fact that every time the bills need to be paid they are paid in shares, so cheaper the share price the more accumulation of shares for management. It does shows a lot of confidence in what they have. The wait will soon be over. Dr Charles Fipke told me face to face that " What can I say It's the find of the Century". So the wait should not be to much longer before the share price reflects a percentage of the in ground value. What happened to Amend and Sir Thanksalot, they had some very intelligent posts.
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