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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 wealth2015on Nov 23, 2018 6:06pm
66 Views
Post# 29016252

RE:Harley777

RE:Harley777yes it's still early for major share price move. I'm new investor since company issued great drill results. Fipke and geologist are working for number of years following geo data and finally hit one home run. They didn't stumble by chance they slowly put all results over number of years and drilled on that logic. They hit and I would speculate this is just small start of something special. Fiple wrote that next spring they'll lstart $10,000,000 drill program. It's obvious what he thinks of this discovery potential and he wants to push it fast and hard. Share price in the next few months might go lower but considering small market cap and tight control of shares in very strong hands this is very much potential home run imo. When you as investor have oportunity to accumulate position before major promotional rush imo it's only way to make money in this very hard times for TSXV mining companies.  Fipke is behind  great discovery decades ago, he was patient and slowly followed his theory for which many in mining world were ridiculed him at that time as old timers can probably remember and now he's prooving again that he has great if not geniuos geological mind,. I understand that here we have few very bitter long time investors who lost some $$ but I believe that we all have chance to make multi 100% return in year or two. good luck!!
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