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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 Nov 10, 2024 2:00pm
105 Views
Post# 36305750

News Release on past results ?!

News Release on past results ?!The only time I recalled results, post 2019, that had a positive impact on the stock was Feb 9, 2023. Chuck first announced they found Germanium. The stock price was moving higher from $0.15 to $0.20 on massive volume days before the News. During the AGM held on Feb 13, 2023, Chad and Chuck were giddy about the stock price reacting to the publication of the Germanium news. The stock rose quickly to $0.45. Since then, the Street just don't believe any news coming out from Management. Terrible Management selectively holding on and releasing results that they hoard whether good or bad. Investors have lost all patience with Management. Time is not on their side. Chuck at 79 might unload all his shares for half a penny like UNO & MTX and ride off to the sunset.
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