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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 rborhion Jul 15, 2020 2:14pm
142 Views
Post# 31271889

RE:RE:RE:not smart to telegraph financing

RE:RE:RE:not smart to telegraph financingIf another financing for 1 or 2 million shares in the dollar range so what, that's minimal dilution and Yukon is fully funded.

To go after 4 Gold targets in Nevada is worth it.  If gold keeps rising into the fall, any drilling for gold at that time will be getting a lot of attention, especially in Nevada.

If they hit in Nevada and keep progressing in Yukon this could be back up in the $5 and $6 range once again.  Who cares about 10 or 20 cents either way in the share price right now.
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