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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 May 17, 2024 1:38pm
106 Views
Post# 36045900

RE:RE:RE:Today questrade loading up!

RE:RE:RE:Today questrade loading up!Dr. Hennigh is self-billed Economic Geologist. He has a finger in a lot of penny stocks. Currently, Chairman of Novo Resources (NVO-V trading $0.15).. Crescat invested $1 million in Cantex PP in Dec, 2023. Chuck tried to raise $5 million and managed to bring in $3 million only. Chad at the last AGM said zinc is where the money is in North Rackla. Unfortunately, with no road, no financing, no JV and less than impressive zinc grades and undetermined tonnage, it looks like the project is not viable. The market gave the latest results a big thumb down. Cantex appears to be trying to pump lead and silver and nebulous copper due to the poor zinc grades.
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