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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 Gillie88on Dec 22, 2020 5:48pm
259 Views
Post# 32166141

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:news

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:newsLooks like there are some smart investors playing these stocks right now. With very low amount of shares in the market can cause big moves in companies like Cantex. Looks like stock manipulation to me. 500 shares were sold that took the price from 88 cents to 82 cents which lead to a massive panic sale. 120,000 plus shares changed hands in the low 80 cents. Looks like they are shaking the weak hands off this stock. With the aggressive drill program next year and potential interest in their asset from major miners they are going to see some big upside in the next couple years. There's only about 20,000,000 shares avaliable in the public market and they are slowly changing hands. Won't take alot of volume to get this moving up next year. Just takes a bit of patience to hold and not panic sell shares at low prices. Personally I'm just going to keep averaging down on this stock and add shares to my portfolio for the upswing, that is going to be big!
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