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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

Cantex Mine Development Corp > Run if Chuck does that again
View:
Post by Oregonduck on Jul 06, 2022 6:25pm

Run if Chuck does that again

Chuck raised $10 million plus that were upsized by Canaccord @$6.50. Most of the shares were for charity bought by investors for tax writeoffs. Once those shares were donated, the charity recipients dumped them for Cash - they didn't want the damned shares, they wanted cash. CD fell off the cliff right after the private placement.

Cudney was sitting on $10 million paper profits, but reportedly lost money on his stake bought at the open market. He had held 6 million shares.

CEO Ulansky and CFO Jennifer made a killing on their options selling shares at over $5.0.

Comment by givemeabreak1 on Jul 07, 2022 2:24am
I will take lets do a share consolidation for $100 Alex! https://www.youtube.com/watch?v=vWuQVpBeqLs