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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 wooduckon Jul 06, 2000 11:47am
335 Views
Post# 2161905

RE: re:institutional=GmcB

RE: re:institutional=GmcBA couple of thoughts: I suspect there are a few trying to make a buck on the spreads. Inst. , if it works on his last post, would make about $4000 (in theory) he can also get caught but probably has the experience and bucks to ride it out. G McB may have 2 or 3 m shares to dump when it pleases them (and that reduces market price),but eventually they will run out...unless they are able to buy large amounts at alow price (this increases price). Point...this action is normal on many liquid stocks..you can try and flip or if you're a believer in the Co. you buy your ticket and go for the ride. So far its been a long fun ride.
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