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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 Massivesulfideon Dec 06, 2022 11:49am
248 Views
Post# 35153546

Great poker stand off - your call Chuck

Great poker stand off - your call ChuckI think that if this was a year ago people would be lining up at this price to add to their totals. However, given the lack of drilling info this year, I believe most of us are sitting on our hands and tens of thousands to hundreds of thousands of shares waiting patiently. I guess the good news is that 90% plus of the float hasn't moved in the past 12 months. Very strange but not uncommon for mining exploration companies to have huge swings in price off of very low volumes. It is a little depressing to see the price drift lower but it appears that most of us are patiently waiting for the results to come in. GLTA!
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