Cantex Mine Development Corp V.CD

Alternate Symbol(s): CTXDF

Metals & Mining Industrial Metals & Minerals

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

Cantex Mine Development Corp > Anyone adding shares?

<< Previous

Bullboard Posts

Next >>

Comment by Massivesulfideon Jun 05, 2024 7:12pm

96 Views

Post# 36074184

RE:RE:Anyone adding shares?

The problem is that Chad has stated off the record that there are 8 to 10 millions tons accounted for already. If conservatively that translates to US$1000 per ton, including silver, lead, zinc and germanium, the value of the firm could be as high as $5 US dollars already. However, we will never know until a mythical and magical sale/JV appears out of thin air. Insert sarcasm here.

<< Previous

Bullboard Posts

Next >>

The top 10 artificial intelligence penny stocks