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Cantex Mine Development Corp V.CD

Alternate Symbol(s):  CTXDF

Metals & Mining Industrial Metals & Minerals
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

Cantex Mine Development Corp > Good investment?
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Comment by carter2on Mar 25, 2022 4:37pm
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Post# 34546944

RE:RE:RE:RE:Good investment?

RE:RE:RE:RE:Good investment?Price will rise when the JV is finalized.  Multiple Majors have been on the property and are interested.  Chuck likes dividends and has shares in the Charles Egar Fipke Alto Ego Fund, which I believe was set up for the Geology center he has built at UBC. This I believe is why he is allowed such a large ownership in a public trade company.
 So my guess would be that 2-3% royalty would be included in the sale price.  Just hope Chuck doesn't hold out for his 70-80 dollar per share and gets a deal done in the very near future.  Been here 22 years, it's time.  I'd be happy with $15.00 per share.  One day we will check and there will be good news.
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