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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 Oregonduckon Nov 08, 2019 9:47pm
195 Views
Post# 30330508

Low Hanging Fruit

Low Hanging FruitRipen for the picking on the money tree. In July 2018, CD underwent a 10 for 1 rollback & concurrently undertook a post-consolidation placement of 11 million new shares @ $0.16 per share + warrants for another 11 million @ $0.20 for 3 yrs.

We know Rob McEwen - former Chairman of Goldcorp & current McEwen Mining Chair - took down 1 million new shares costing $160,000 which went to as high as $7 this year or a paper gain of $7 million plus warrants worth another $7 million if exercised. Not too scabby.
I
Those high-network investors who bought @$6 in Aug. are locked in for 4 months hold period or couldn't jail break til sometime in Dec. Guess these suckers are pretty pissed with Canacrap & Ledford.

Chuck has high morals and won't screw shareholders by dumping. But buying and holding his stocks will F you up.

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