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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 Oregonduckon Apr 16, 2023 9:36am
97 Views
Post# 35397175

RE:RE:RE:RE:here a stab at the value. - Rare earth.

RE:RE:RE:RE:here a stab at the value. - Rare earth.

Massivesulfide wrote: So are you saying the mallard is quackers and full duck poop? Oh and that a mine won't get built because of a road. Someone has avian flu. More seriously, your numbers might be a bit aggressive but if Chuck says they have only found 25-35% of what is there. It looks like total mineral value might be north of $60 billion and be operational for 25 years plus. Thx for the calculation.

 

CASE STUDY
Cantex morphed from $0.01 Goldtex at 1-for-10 consolidation, followed by two more 1-for-10's consolidation over the years. In 2000, the stock traded as high as $1.00 on Yemen news. Do the math, MassiveSucker. You might have an MBA, but no street smarts and stupid as hell still pumping your BS.

So tell me MBA Laureate Genius, why is the stock now trading in the pennies at $0.26 dropping from $7.00 in 2019 on Yukon news? By my account, the stock had lost 99.9% of its value from two decades ago. Hadn't your professor taught you anything at all? 

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