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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 Aug 12, 2004 12:28pm
406 Views
Post# 7804007

RE: My call

RE: My callThanks for the response rroy55 as it is appreciated. I still believe that at some point the management will turn things around and CD will become the success that most of us were hoping for years ago. Selling at these levels are pretty much a losing proposition to the majority and for the believers, the downside is very limited. These levels won't stay around long once the drilling get underway with results soon to follow. IMO. Anyone who couldn't participate in the PP (due to their location, IE: outside of AB or BC), should view this as a buying opportunity. With the lack of volume and the amount of shares outstanding as they are...talk about a good entry point. As for the amount of bashers out there... I haven't seen any around for ages but these pople do not bother me in the least. I choose to go by factual results. I agree that management still wants to make this an ultimate success and they will be well rewarded at some point for their efforts. Cheers.
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