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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 Mar 12, 2021 10:54am
250 Views
Post# 32785034

RE:RE:RE:RE:RE:What’s going on?

RE:RE:RE:RE:RE:What’s going on?For me the drop from the $6 dollar range was a great opportunity to load up on shares at a discount. They had a rough year and are working on getting back on track. With the new structural mapping of the rackla project and a solid drill plan for 2021, pair that with a strong silver and zinc price this stock could get back on track to that $5 to $10 dollar range in no time. The company is obviously focused on getting the project mapped out and finding a partnership more then over diluting the shares. I'm in it and don't plan on selling a single share until atleast $5+ which i think might be a bit premature.
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