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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 Oregonduckon Feb 13, 2023 3:12pm
510 Views
Post# 35283653

Chuck says be patient

Chuck says be patient

He says with his money, you could be patient. He then laughed it has been 30 years.
 

CD was renamed from Goldex when it got rolled 1 new for 10 old and began trading at 10 cents some 30 years ago. It went to $1 on Yemen exploration. The stock subsequently collapsed and underwent another 1 for 15 rollback. In 2018, it completed 1 for 10 rollback from 1.5  cents to 15 cents, post-split. The stock spiked to $7 in 2020 on Yukon discovery but plunged back down to 15 cents a week ago. Now it is trading around 32 cents, or less than $0.002 pre-split share.

 

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