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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 piper10on Feb 27, 2001 11:59pm
241 Views
Post# 3396260

RE: First time poster

RE: First time posterI am not going to sit on the fence and recommend that you buy, sell and hold all at the some time. I am firmly in the buy camp. What I recommend though is that you do you own due diligence, make a decision and live with it. Part of that research should include reading two books, Fire into Ice by Vern Frolick, which has been mentioned many times on this forum. It gives a good account of the life of CF and shows the tenacity with which he brings to a project. The second book was one that was recommended by krazytoo many many months ago, The Big Score, Robert Frieland and the Voicey's Bay Hustle. It tells of the discovery and struggle to attain a world class mineral deposit. (as well as a great deal of money) Simply a great read. Here are some links that will show what the books look like. I apoligize for the spam but since the Frolick book speaks about CF's work in Yemen in its appendix, I guess that it's not spam. McNish's book I will not apoligize for- it is great education. P10 https://www.raincoast.com/titles/fire2.html https://www.chapters.ca/books/details/default.asp?mscssid=EF1TNW0PN22S9HREW75JP9W4VCSHFAM9&WSID=23021CB083CD7DB44A9B8514A2F7AC96E1771827&ISBN=0385259069 https://www.chapters.ca/books/details/default.asp?mscssid=EF1TNW0PN22S9HREW75JP9W4VCSHFAM9&WSID=23021CB083CD7DB44A9B8514A2F7AC96E1771827&ISBN=1551923343
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