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Cantex Mine Development Corp V.CD

Alternate Symbol(s):  CTXDF

Metals & Mining Industrial Metals & Minerals
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

Cantex Mine Development Corp
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Comment by SkahaLake1on Feb 07, 2020 9:57pm
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Post# 30661380

RE:RE: malcolm shaw blog

RE:RE: malcolm shaw blogHere is Malcolm Shaw's most recent blog from Feb 4th (I didn't forward it before because he was not at the AGM so I don't really think his opinion is as relevant as that of those of you who were):

Shaw wrote: "Cantex (CD.V, last at $0.73) reported some results from around a kilometre away from the last high-grade hits, but there we also lots of holes that were not as interesting. It's become a real treasure hunt now in terms of trying to track down mineralization in an area with faulting and minimal geophysics of any value. Cudney has been selling stock and voicing his general desire for better governance and management practices, which is probably weighing on it, but the real problem is that they don't know what they're dealing with just yet."
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