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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 bluerayon Feb 25, 2010 2:22pm
641 Views
Post# 16820411

Jim Sinclair on his nickel JV partner,

Jim Sinclair on his nickel JV partner,(largest Chinese nickel producer)   the only way to judge their progress is by the number of boots on the ground and the amount of infrastructure that they have in place.  He said you will not see a lot of drill results or 43101 from them as they do not need to raise any money.

actually Cantex has more drill results out there than Sinclair's TNX and CD's assets are probably just as good or not better than TNX.
The only difference is promotion.............so given TNX's $4 buck share price  Cantex would be selling for at least a buck a share with promotion.  I don't see much difference in geopolitical risk between Tanzania & Yemen. 

Listening to Teck interview on CNBC the CEO? said that China needs 45% of the world copper for power generation infrastructure if they want to continue their GDP of 8%.......

From what I read from posters CD agm notes here,  Chad was to start pormoting mtx in a month or so it sure wouldn't hurt to mention CD at the same time.
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