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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 Massivesulfideon Jun 11, 2024 5:00pm
120 Views
Post# 36083522

RE:RE:RE:Stolen from poster on CEO board

RE:RE:RE:Stolen from poster on CEO board I'm not sure that there are five reasons, but there are clearly two. For one, this whole project could be the next Bre-X and we are all getting duped. I don't believe that is the case. The second is the stubbornness of the old man. As he is independently wealthy, and does not rely on capital markets to advance his projects, he doesn't behave in a rational manner that a publicly traded company would follow. I think this is being driven by ego alone. It's been more than 30 years since diamonds wer found in the NWT. I think he craves the need to be recognized for a second great discovery. However, I don't believe anything he does will eclipse the euphoria surrounding the discovery at Ekati. As we've discussed before king, outside of Newton, Shakespeare and a handful of other dudes, no one will remember who you are 10 years past your expiry. The sooner he realizes this, the sooner we will see a NI 43-101.
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