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.

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Cantex Mine Development Corp > Fireweed v. Cantex

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Comment by Oregonduckon Jun 08, 2024 1:28am

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Post# 36078954

RE:RE:Fireweed v. Cantex

But, I have been right along. No?!

Why no resource report? The way I see the situation is because either (a) it is so freaking awesome like Ekati that Chuck is keeping the resource under wraps for fear of a hostile takeover, or (b) the results are not good enough to get a 43-101 resource estimate for a mine by an independent third party.

Chuck went speed-dating for JV partners at last year's AME and PDAC but no one interested. You can't fight the low stock price as it says a lot.