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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 hope21on Mar 25, 2005 3:26pm
289 Views
Post# 8811407

RE: Buying opportunity

RE: Buying opportunityCD value is Based on the properties that CD is holding . For which the market is almost giving it nothing for it at the present moment. CD properties in Greenland for which now we find that we have great potential discovery of diamonds that has not been reflected yet in the share market value that will only happen once further discoveries are confirmed by MTX this maybe a great deal for us. Even if we do have a 25 % option is still of great value if the potential is big in Greenland. Yemen properties once CD goes on london exchange and start raising some capital the potential of yemen will probably explode that is were you are going to get serious value for CD shares. The Naveda properties is what going to help to give CD get some interest in what I call home town. This stock is way undervalued at these prices and I believe we will be moving upward in this year to a more interesting price level per share.
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