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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 Massivesulfideon Jun 05, 2024 8:40am
188 Views
Post# 36072778

Anyone adding shares?

Anyone adding shares?I'm evaluating my 500 k CD shares at $.36 on average and want to add to my total but will not. For whatever reason, management has refused to put out any indication of what they have found to date. I took it upon myself to look at what the amount of drilling prior to issuing a resource report was for similar companies. There are many factors (primarily depth) related to work with in calculating this number but examined seven or eight peers to CD. On average, initial resource reports were put out at the 25,000 to 35,000 m drilling stage. We are now at 70,000 m. Why is there no resource report? What are they hiding? A road deal will follow, but without having an understanding of what is there on paper I am no longer adding. Do other people feel the same way?
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