Cantex Mine Development Corp V.CD

Alternate Symbol(s): CTXDF

Metals & Mining Industrial Metals & Minerals

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.

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Cantex Mine Development Corp

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Post by thebakeron Jul 06, 2000 10:22am

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Post# 2161344

Looking Good

I have been watching things since last fall. The events of the last few days can be regarded as nothing but positive. 1. The JV means that the value of our holdings will not be diluted. 2. The object of the JV is to get us to production. 3. CF is talking (positive news) and when this is happening it is good. If there wasn't something good happening he wouldn't say it was. If the results of the PGM's wasn't going to be positive we would not see the comments that have been made. CF would not be sticking his neck out.

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