Would suggest you hold your shares tightHave been invested in our neighbor ATAC (this is where the name Rackla comes from) for almost a decade. All the way from Grassroots to over 2M ounces gold. And I think they missed the boat.....they should have been drilling at the northern end of the deposit...Its called Rau...and contains the Rackla pluton. Market pressure had them go south 100kms on their property, because they found Carlin style mineralization..... they have spent a ton of dough, and now realize they have had Rau for almost 5 years with no money spent......and thats where they have had more looks of mineralization that is very similar to what Cantex found.
ATAC was as high as ten bucks in the day.....its now 30 cents, and even with 2M ounces of gold, and about $8M Cdn in the bank, it only has a market cap of $45M as opposed to Cantex with a value of $27M and barely any cash.
This is a district scale find with ATAC And Cantex.....the question is access....and ATAC has been working thru the permitting process for 5 years for the road that needs to be. Cantex could certainly piggyback on it.
If the discoveries for Cantex are anything like ATAC a decade ago, Hold your shares tight....get over the past...it is what it is.... I am a relatively new investor in Cantex, but was lucky enough to have lived in Kelowna when the Diamet discovery was made, and know that Fipke at least has the connections and the smarts to know when to cash out..... with the sample results so far, I am more than willing to go for the ride.
if you have a taxable loss at this point, you might seek a professionals advice...Fipke mentioned that a rights issue MAY be part of a raise....... but I would make sure I had money on the table for the start of drilling season. I have already sent a note as an accredited investor to have my name put on the list for any possible financing.
GLTA
MC