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Bullboard - Stock Discussion Forum 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... see more

TSXV:CD - Post Discussion

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Post by harmony3 on Apr 26, 2022 9:37am

News

CANTEX INTERSECTS 6.0 METRES OF 14.05% LEAD-ZINC AT GZ ZONE ON CANTEX'S 100% OWNED NORTH RACKLA PROJECT, YUKON
Comment by harmony3 on Apr 26, 2022 9:48am
Here is the link : https://www.stockwatch.com/News/Item/Z-C!CD-3240347/C/CD
Comment by Massivesulfide on Apr 26, 2022 10:18am
The news continues to get better but the stock price continues to languish. I'm not sure what the objective is this year. Is it to continue to extend the strike zone to potentially 4 km? Is it to find a partner to develop the site sooner than later? I find it strange that no tonnage has been put forward yet. Am I the only one?
Comment by frankgorshin on Apr 26, 2022 10:34am
No tonnage report until size of deposit is defined .
Comment by Massivesulfide on Apr 26, 2022 10:43am
I hope that is why Eric Sprott was brought on board. He can talk about what they have discovered without putting a definitive number on absolute tonnage. He's a promoter and I hope he starts promoting.
Comment by pennydredful on Apr 27, 2022 2:13pm
they    must  have  given  him a barrel   of  options  . Dude is only out for himself.
Comment by Massivesulfide on Apr 26, 2022 11:55am
If I'm not mistaken, great bear resources put forth a preliminary tonnage and the stock price jumped from $.50 to five dollars. It continued to grow as the tonnage grew to $10, $20, and a takeout price at $29 over 4 years. I think you can put forth a preliminary tonnage at any time. I'm just curious why cantex has decided not to go this way at this time. It appears that from their own ...more  
Comment by SBM0045 on Apr 26, 2022 10:39am
Yes I too wish they would stop with the crazy good drill results, as every single release drives our stock in the wrong direction. It would appear that our "unofficial' Tonnage doubles with each release and we go from $7 to 25 pennies.
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