Cantex Mine Development Corp V.CD

Good investment?

[Snowball1843657]

Down 7 percent this morning bought some more. I hope they come out with some  results soon as I only have another 20 years to live. Can anybody tell me what the hold up is for news coming out?

[carter2]

The delays in the drill results are due to the labs Reactor broke down.  Reactor nessary in analysis.  News to come out shortly.

[coolshivers]

I should just start one. A lab that is.

[Garnair]

The extremely high grade core mineralization most likely broke the Reactor lmao!   G

[pennydredful]

Stock    price   .375   indicative  of   the  results? 

[carter2]

Price will rise when the JV is finalized.  Multiple Majors have been on the property and are interested.  Chuck likes dividends and has shares in the Charles Egar Fipke Alto Ego Fund, which I believe was set up for the Geology center he has built at UBC. This I believe is why he is allowed such a large ownership in a public trade company.  So my guess would be that 2-3% royalty

[Canbea]

Sounds good But really just speculation at this point. Still lots of sellers dumping. I too would love to see a JV Waiting patiantly for the next news/ipdate

[carter2]

Lot more than speculation.  They are not even going to do a 43-101.  The Major will drill it up, they know it's feasible being a Sedex deposit. The drills will start turning again, continuation of drilling the copper discovery that winter halted.  There will be more than one mine on Cantex's Yukon property.  Just sit tight and wait for announcements.

[Canbea]

If they are in discussions with a major Would there be a blackout period on insider buy If so how long

[coolshivers]

they are never going to do an offical 43-101. But with enough data it can be done in house and via majors employees pretty quick. They alreday know. We just don't.  ;-)

[bandi10]

Once you see a jv. it will be announced , after a haltand the you won't be able to chase the price any more.

[bandi10]

sorry for the spelling. i just did my taxes and my eyes are exhausted.

[coolshivers]

It's ok bandi. You have a whole pile of people that don't work you have to pay for this year. We understand.

[bandi10]

Sorry cool, the amount I made in my investments lately won't pay for even a coffee. I would love to pay a huge tax bill, as that would mean I made a lot of money. I would gladly share the spoils, so c'mon chuck, make us rich. My eyes were  tired, becuse I wanted to finish with it, but seems Tax programs are not always so easy to do quickly. Maybe if I make a bundle I can afford to