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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 Jan 16, 2025 1:31pm
44 Views
Post# 36407515

RE:RE:Who wants zinc mine?

RE:RE:Who wants zinc mine?

pennymaker69 wrote:
Oregonduck wrote: Lundin Mining had sold off its losing zinc mine and ROI in this sector is bad.  According to yesterday's Bloomberg, China which produces 50% or more of the global zinc market is in the throes of the worst economic crisis since Mao regime. Didn't I postulate that Elon might be interested in buying out Cantex. Musk Metals (Tsxv: Musk) is getting into Germanium. Maybe, a share merger with the namesake stock trading at 2 cents will happen. Lol

Except to some fact deniers, Cantex is a non-starter - never going to be a mine. 

https://www.mining.com/value-of-50-biggest-mining-companies-drops-by-126-billion/


That list had stocks going up and others going down. Value of the stock market is not a projection of the health of CD.

We getting closer to a deal and you shorts trying to squeeze out a bit more profit before the deal is done In March... if they do have something at the AGM as Chuck planned.

 

What rubbish. Another dreamer left out to dry.

Cantex stock is trading at pre1-for-10 rollback at 1.1 cents historical low. The stock is even lower than before they claimed they discovered billions of dollars in zinc. It had lost $100 million searching for the Queen of Sheba or King Solomon Mine in Yemen, Nevada and Yukon. Chuck being a one hit wonder in DiaMet is scorned by investors. 

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