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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 Jun 18, 2013 6:42pm
320 Views
Post# 21539487

They are both a POS at this time

They are both a POS at this time

That does not mean that they won't prove up one day.  At least WCP have a chance to get things happening, they seem more on the ball than our management.  There won't be any JV in the Yukon for some time to come IMHO.  The reverse split was done so Chuck could do a PP to raise money for this summers exploration to identify drill targets (if any).  All a person can do now is average down once we are back to a penny or less ( that is if you have money to sit and do nothing for a while)  A intelligent thing that should have been done was to follow the rollback with a series of NR's with positive meaningful information, but at least with the lack of news that comes out from this company you can bet that we will be back to a penny in no time. Can someone please post the market depth. GLTA we need it.

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