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.

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Cantex Mine Development Corp

Bullboard Posts

Post by drew17on Jan 05, 2004 11:07am

362 Views

Post# 6842889

Gold Up $ 8.50 so far

Ah yes. The stars are lining up just fine. Volatile moves for the future but the trend will remain upwards for years to come. For those companies with prospective properties, cash in hand and active drill programs, what more could you want? With a current market cap of approx. $ 12 million... CD still looks way undervalued to me. Should be an active 2004 for CD.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario