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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 20, 2010 7:27pm
453 Views
Post# 17471335

I can't believe this news

I can't believe this newsCheetah has $683,000 in assets,  That's less than me and these clowns are going to get a mine running in Yemen.  Fck has Chuck lost his mind.  I thought we were going to have an Arab JV partner or a major involved anyway.  I don't see where this Brian Gracey even has the qualifications to take on such a project.  The company is pink slipped in the USA.  Chuck must be shaking the tree for some Vale executives to get some cheap shares.  Someone please explain this deal. Lets hope they can't raise the 2 million for the firm commitment.  I think we would be better off to be bought out for 2-3 dollars.  First time ever I was sad we got news.
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