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Cantex Mine Development Corp V.CD

Alternate Symbol(s):  CTXDF

Metals & Mining Industrial Metals & Minerals
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

Cantex Mine Development Corp
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Post by Oregonduckon Dec 06, 2024 2:31pm
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Post# 36349816

Germanium (Ge) Facts

Germanium (Ge) FactsThose guys at ceo.ca were twisting themselves in a pretzel doing mental gymnastics on the worth of Ge valuation in Cantex. The proposed "dream" zinc mine is not even a blip on the horizon. The total global Ge market size is around USD $300 million in 2024. US annual imports including Red Dog Mine in Alaska re-shipped from Trail Smelter is around USD$45 million. The market might be high-valued but tiny in dollars.

Fireweed said they host one of the largest undeveloped Ge and Gallium deposit in the world. They have given it zero value Teck also wouldn't break out their value at Red Dog Mine. Angola is coming on stream to supply 30% of the global market with China at 60%. Nyrstar in Tennessee could supply 80% of the US market with the propsef smelter to be built. All hype about the impact of Chinese ban. https://fireweedmetals.com/wp-content/uploads/2024/09/2024-09-03-FWZGermanium_Info.pdf

 
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