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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 RROY55on Apr 05, 2001 12:00pm
373 Views
Post# 3572694

April 18

April 18The dissenter's shares are still being sold out of the Kelowna Cannacord office. They are not finished with this yet and I do not know exactly when this will end. As far as I can tell, there are really only three people holding the 'cards', lets say, so what I have to offer is simply a 'guess'. My guess was 'sparked' by the announcement of the annual general meeting. Yesterday's release keeps our interest up and what I think is that when the results are announced (and they should be favourable) the price should move up (unless the dissenter share sales are not completed). If the price fails to move up, the 'card-players' still have enough time to manipulate the stock before the annual general meeting. The 'tomatoe' factor could be important here since there is a great deal of stock owned by persons living in the Kelowna area. You can bet that many of these share owners will be attending the meeting. Plan A, results come in and the stock takes off. Plan B, the manipulation begins and sometime after the meeting, the stock drifts down. April 18 is arbitrary, but I think that the annual general meeting date is key. The results will come before that and the stock could move. If it doesn't move, the 'card players' will have enough time to 'make it move'. As many know, the 'news' must be pretty secure and there is still the effect of what 'Bre-X' put people through. I have invested in this company because I respect Mr. Fipke's geological abilities. I had my broker research the company and he ended up buying the stock, too. I wish all of you the best of luck and I am looking forward to meeting some of you, some time in the future!
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