Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Oct 02, 2024 2:05pm
105 Views
Post# 36250353

Let’s compare apples to apples

Let’s compare apples to applesCantex and ZincX (Tsx venture: Znx 9 cents) with about the same mkt valuation at around $20 million. 

ZNX's 100% Akie Zn/Pb/Ag deposit is pegged at 22 million tonnes of almost 9% Zn+Pb.  Located about 400 km from Prince George, BC, where there is existing infrastructure, all-season road and near to ocean transportation.  It has estimated it's Capex at around $300 million with 2.6 years payback. NI 43-101 was done in 2018.

Teck doing some drillings at its Cirque deposit owned with Korea Zinc - the largest smelter in the world that is undergoing a $2 billion takeover fight with another Korean Co. - this season.   And now doing some metallurgical testing on ZNX's nearby (20 km) Akie drill cores at Teck's Trail smelter. Potentially, a JV or buyout partner. 

<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse