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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 Aug 10, 2024 4:24pm
82 Views
Post# 36172995

RE:RE:Manipulation

RE:RE:Manipulation

That's not exactly right. Total shares out is 115 million. Chuck directly and indirectly holds 26.6%. As for McEwen, his holding Co. holds 4.6 million shares or 4%. He is no longer an insider with less than 10%. So, the two largest shareholders hold about 30.6%. Crescat holds a bit over 1.1 million shares only. 

In 2016, McEwen first bought 8 million shares at $0.05 that gotten diluted down after 10 for 1 rollback. As far as we know, since then he had bought more and hasn't sold. Like Chuck, all buying were at much higher prices. Anyone who is a Chuck or McEwen cult follower holding on has been a sad loser. Hope is not an option to making money.

 

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