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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 May 04, 2012 12:16am
373 Views
Post# 19870055

RE: The REAL Problems in Yemen

RE: The REAL Problems in Yemen

Khat is no more of a problem there than bud and booze is here.  Al Qaeda is more of a problem in the south and the Yemeni citizens are also taking up arms to fight against them with the army and the USA drones, they killed 17 Al Qaeda Thursday and seem to be getting at least a dozen a day. The New president is going the right directions by getting rid Saleh's cronies, Tariq Saleh has just quit, he headed the Presidential Guard, and relinquished his new post as head of the 3rd Republican Guard brigade.  It will take time but Yemen need investment to create jobs and a future.  IMHO you will see AH protected by the army and there will be a mine.  WCP have experience working in the middle east. All we can do is hope and look forward to a share price increase as it can't go much lower and Chuck is too proud and rich to fail and let down his family and friends. 

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