Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 givemeabreak1on Sep 27, 2022 10:26pm
186 Views
Post# 34991078

RE:RE:RE:RE:Long term view needed

RE:RE:RE:RE:Long term view neededGillie 
Never said that!  What I did say is the market is not stupid and the share price is where it is for a reason.  All this talk of $20-$30 or more share price is ridiculous.  If you read what I said carefully it may eventually be a mine but that would be years away 5-10 most likely.  Best bet a buy out but no company is going to buy out another at 10 times the share price or 50 and 100 times the fools on this board are talking about.  So most takeover occurr between 25-60%.  Look I bought under .30 hoping for .60 a double when it hit .50 i still was thinking .60 but put a .45 stop in!  So I got stopped out at .45 managed like 40% in a few weeks and no sitting thinking about re-entering again.  You see I play the power of compounding.  You can take a 10k investment make just 5% every month compounded you end up with 1 million over a 10 year period etc etc.  Too many greedy player hanging on too long. 

In general most of these stocks go up and down more often than a toilette seat.  So is it a good buy!  Right now absolutely and I will likely load up again this week.  However, if it does well I will never see these massive share prices as i will be out again when I see .60....Good investing and hope you do well just do not let it lock up you capital from greed when you can make it work for you!  I learned the hard way took my licks thinking i was smarter than the market!  Difference is now I am at least as smart as the market.  Sort of like betting the house on a cra ps table.
<< Previous
Bullboard Posts
Next >>