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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

Comment by carter2on Apr 14, 2012 6:08pm
419 Views
Post# 19794955

RE: RE: RE: RE: GUESS

RE: RE: RE: RE: GUESS

Vale was trying to extend what was already know by Cantex and those results did not prove up much more, Cantex still has 30 plus billion dollars worth of ore in the ground between Suwar and Ala Masa.  Although it does not look great right now by the share price, their is still only one way the share price will go and that is up.  I know it's hard to keep the faith at these 1999 prices but what can one do but stay loooooooooooooog. I'm not happy about  sitting on a million shares at all, I was hoping to be rich and retired by now. But penny stocks are a cra p shoot, at the very least I will have some capital looses to counter my capital gains.  GLTA

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