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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 carter2 on Jul 17, 2022 12:23pm

Red Dog Mine

A little information, Red Dog is operational until 2031, unless more resources are proven up, Tech is going underground to dril and try to see if the ground is feasible.  Last year Red Dogs profit was $678 million and Royalty paid to Nana was $255 million.  Just thought I would share those numbers as we know Chuck likes Royalties/dividends.  That's like 27% Royalty, wow
Comment by Massivesulfide on Jul 17, 2022 3:01pm
Thanks for the update carter2. My two decade assumption was based on the successful continued mining beyond the expiry date a decade from now. Again, it's about not having somebody buying and warehousing the resource. Chuck wants to live to a ripe old age to see those dividends come in from an active and productive mine. And I can't say I blame him.
Comment by MassiveisKing on Jul 17, 2022 4:04pm
I'm at the Yukon Porsche dealership picking up my brand new Targa Heritage addition. Once I'm done I'm heading to the Racklin Mall to pick up twin Rolex Submariners. Buying all of this on credit because I'm so confident in my King's (Massive Sulfide) genius and his insight. 
Comment by givemeabreak1 on Jul 17, 2022 7:18pm
How many chucks could a wood chuck chuck if a wood chuck could chuck wood. Wasn't an election decided by a hanging Chad. Why does every bag holder compare the un comparable. Life is but a bowl of coconuts talking about massive sulphides. Get a grip.
Comment by Gillie88 on Jul 17, 2022 8:46pm
Hello givemeabreak1. I dont fully understand what your aim is here??? Are you here to promote other companies or try and short CD? More than 1 discovery can exist at the same time.
Comment by givemeabreak1 on Jul 17, 2022 9:10pm
I have no aim just an honest discussion of the company re comparables. The point or prevtention of these boards were sort of that. However, they are fully financed by the juniors with the full knowledge retail investors will drink the koolaid. Let us try something different whack the pumpers and corporate shills and do some real comparative analysis. Bottom line statistically none of them will ...more  
Comment by givemeabreak1 on Jul 17, 2022 9:25pm
I guess the only people acceptable on the board have washed down the viagara with the koolaid to increase the size of their small sulphide deposits.
Comment by Gillie88 on Jul 17, 2022 9:27pm
Why do you feel they won't succeed?
Comment by givemeabreak1 on Jul 17, 2022 9:35pm
You are missing the point. Nine of ten will never succeed that is not opinion but rather fact. So the idea is try to increase your odds of picking the few that might. Failing to do that means you are accepting a 90 % failure rate. You might seem that an acceptable risk I do not. So I prefer an honest discussion that improves our chances rather than just chucking our dollars down the drain lol.
Comment by givemeabreak1 on Jul 17, 2022 9:41pm
Gillie how many share consolidations have these guys gone through?
Comment by Gillie88 on Jul 17, 2022 9:58pm
Im simply trying to understand everyone's perspective. I'm not holding any of my exploration companies until production. I have pre determined exit prices on everything I hold. Do I think they'll hit 60 to 80 a share? honestly, no. Do I think they can hit North of 3 or 4 again? Yes. The price I'm in it for makes that a great profit target. As for share consolidations in the past ...more  
Comment by givemeabreak1 on Jul 17, 2022 11:00pm
GILLIES check the share consolidation then pay more attention to market cap vs value. One of them you are correct has many more shares out but alot less when you consider how much farther they are in the process. Last I looked Cantex has has multiple consolidation would be a share count in the billions not millions lol. At this price might be a good bet but other have much better proven value in ...more  
Comment by Gillie88 on Jul 17, 2022 11:16pm
Thank you givemeabreak1. I very much appreciate getting as many different perspectives as possible when it comes to any company. Hopefully they put out some kind of resource estimate this year, that would be a big help to let investors know what the actual potential value of this project is.
Comment by givemeabreak1 on Jul 17, 2022 11:19pm
Gillie I agree but the koolaid drinkers on this board say their buddy chuck does not want to put out a resource lol.
Comment by Gillie88 on Jul 17, 2022 11:46pm
From my understanding of what I have gathered from the AGMs and conversations with the company. They have no interest or plan to put out an official 43-101 report, but some sort of educated resource estimate would be possible.
Comment by givemeabreak1 on Jul 17, 2022 11:53pm
Needless to say what sounds stupid is usually stupid. If and when you believe you have a potentially economic resource you put one out. This is not rocket science.
Comment by givemeabreak1 on Jul 17, 2022 11:55pm
Show me a drill hole of 10% at 200m and a resource would be front and center.
Comment by vladpanka on Jul 18, 2022 3:11pm
This post has been removed in accordance with Community Policy
Comment by Massivesulfide on Jul 18, 2022 4:59pm
Vladpanka pleease stop wasting our time with bs pump stocks
Comment by givemeabreak1 on Jul 18, 2022 7:39pm
Me thinks massive sulphides are suffering from shrinkage. It must be the cold water in the Yukon.
Comment by givemeabreak1 on Jul 18, 2022 7:42pm
Me thinks massive sulphides are suffering from shrinkage. It must be the cold water in the Yukon.
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