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

Post by Oregonduckon May 13, 2023 4:56pm
244 Views
Post# 35447059

Who came out smelling like roses?!!!

Who came out smelling like roses?!!!

Nobody except for the following lucky people:

Cantex was trading at 1.5 cents in July 2018 and concurrently undertook a 1-for-10 rollback and underwrote 12 million shares @15 cents with warrants @20 cents. Those placees were laughing silly on their way to the bank when the shares topped out at $7.00.

Chad and Jen were awarded options and took home $1 million and $600k respectively. Vern also did extremely well. Chuck donated shares to family members and employees who dumped.

Rob McEwen - former founder and Chairman of Goldcorp - once held 12 percent of CD with 3 million shares at 5 cents plus warrants.

Robert Cudney did well too and was up more than $10 million on paper.

Canaccord and Leeds were pumping CD while insiders and others were unloading.

Greedy shareholders got the bags.



 



 

<< Previous
Bullboard Posts
Next >>