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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 drew17on Dec 18, 2003 5:58pm
300 Views
Post# 6800253

RE: LONG AND STEADY

RE: LONG AND STEADYIt's just my guess but someone obviously feels that there is still value to be had at this time. To be a contrarian at times takes nerves of steel and it is during the quiet times when things are darkest that it may be the best opportunity to get in before the herd.(Optimistic aren't I?) The CD management will get things together and exploration activity will resume once again. With gold still in the early "Bull" phase with years to go and the price of NI hitting a 14 year high ($ 14,830.00 per ton) the CD properties will once again see the drills turning. I am personally looking forward to seeing Al Masna drilled up. The target is there as announced earlier. Now we just need to see what the grade of the NI content will be? Now we just need the management to obtain the required funds and put an exploration plan into action. The AGM is on 19 Jan. and I am hopefull that news will be out before then. (Either that or the AGM will be over quick.lol) Our time will come.
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