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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 Oregonduckon Aug 31, 2024 6:59pm
626 Views
Post# 36204285

The Next Sullivan Mine ?!

The Next Sullivan Mine ?!

Dr Quinton H is expected to comment on Cantex in his upcoming podcast. He seems high on Cantex and PJX Resources, both Sedex-type properties.

He recently offered effusive recommendations on PJX Resources with a property in close proximity to the Sullivan Mine in Kimberley, B.C. Teck had owned the 100-year old zinc, lead and silver mine that was closed in 2001 when resources were exhausted.

Apparently, Chuck also recently bought into PJX and joined that Co as an advisor. According to John Kaiser, Chuck wouldn't tell him much about the property when asked. Kaiser has implied that Chuck is keeping tight-lipped just like DiaMet before the stock takes off. Kaiser is also extremely bullish on PJX comparing it to Sullivan that produced 150 mt of 5% zinc and lead over its life span.
However, the stock seems to be lackadaisical at 20 cents level. Drilling is said to commence soon.

In recent years, Chuck also invested and became advisors to Arctic Diamond and Dunnedin Diamond, both ended to be complete duds despite Chuck's initial enthusiasm for possibly discovering world-class kimberlites.

Those old guys have been kicking around the VSE pennies market for ages. I wouldn't bet my last dollar to what they say.

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