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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 11, 2014 3:06pm
280 Views
Post# 22650478

Seems that News has no effect on share price anymore

Seems that News has no effect on share price anymoreThe company will have to provide some results rather than "We are most encouraged with the findings" To many years have gone by with these type of news releases, how long is it going to take for them to find someone that want's a piece of Nevada, heard that one to many times, for to many years. Drilling the Yukon and proving a resource will take a decade if the past is any indication of the future. Maybe Management should contact Parker from the show Gold Rush I think he could do a better job of return on investment. WCP may able to pull if off I think that is our best hope. Looks like more of Chucks funding for shares is the only way to proceed in the Yukon drill program. GLTA
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