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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 Gillie88on Jun 27, 2021 5:12pm
277 Views
Post# 33457930

Very solid discovery

Very solid discovery Common shares: just under 52,000,000 shares Fipke holds around 21,000,000 shares Cudney holds around 3,500,000 shares Dundee Corp holds 2,200,000 shares Only around 25,000,000 shares trading now, all big money shares are pretty much 90% retired until big win comes in. Portfolio rebalancing aside, Alot of big money believes this project is a solid discovery, which from all the high grades it is becoming a very solid tier 1 discovery. Next round of warrents is set at $1.50 (5,700,000 warrents) good till end of March 2022. All in all, Plenty of motivation for this discovery to become something big!!
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