Cantex Mine Development Corp V.CD

what are they holding back? 2300 meters drill defined length

[bandi10]

Drilling in 2022 successfully extended the Discovery Sector 200 metres, bringing the drill defined strike length of the Main Zone to 2,300 metres. The first of the results from this drilling include hole YKDD22-244 intersecting 9 metres of 24.71g/t silver and 9.69% lead-zinc from pad MZ52A and hole YKDD22- 245 intersecting 7 metres of 37.53g/t silver and 12.13% lead-zinc from pad MZ52.

In addition three regional targets were drill tested. These were the North Gold Target, Area G67 for gold and the Copper Target. Results for these holes have yet to be received.

A total of 59 holes were drilled in the 2022 season totaling 13,187m. Results from 41 holes are still awaited

[pennymaker69]

and we still need more drilling next year to figure a resouce report? Like they should have had news by now....

[MrJimLahey]

would e great if Chad/Chuck/Eric could let us know what the plan is here.... obviously they plan to sell but what more are thety trying to prove? surely any major knows what they know and probably low balling offer. id be happy with $7 a share buyout right now so i can retire to Thailand already. Chad sold at $7 so why cant i lol.

[givemeabreak1]

You can't sell for $7 because you are what is known in the industry as a lolipop

[MassiveisKing]

Is it just me or is it faster to drill than get drilling results? 

[Massivesulfide]

Is it just me or has Metalex market cap now surpassed that of Cantex by over a million bucks? The former has the possibility of scandium on prelimary aerial scans, while the latter has more than 10 million tons of sedex at 20 percent and over $30 million spent on 3!years plus of drilling. Keep up the excellent corporate communication boys!

[MassiveisKing]

Scandy in the Pandy Pappy. Rolex, Lucid no matter. Timex, Chevy no matter. It took billions of years for those minerals to form what's another billion when you're stuck driving a Chevy and counting the minutes on your Timex - Brah. One day you know my Brah, we will tour north of Finch in our twin baby blue Lucids sporting gold Rolexes jabbering about how we hit it big in the Scandy, Candy,

[pennymaker69]

Well I picked up a ton of mtx... and just a bit of CD... So that should tell you something about  the 2 projects. MTX is trading very thin with little volume and even less free shares. Good news on claim block 5 will shoot up the price.  You going to get some?

[Massivesulfide]

Bought 100k shares MTX that are in the black since last year. It's my larger position in CD that is becoming an annoyance. No one minds a buy and hold strategy. The only problem is that we have no visibility as to what Chuck thinks is a fair price to unload. I had a friend who invested heavily as CEO of a Canadian junior gold mining company in 2010. He gave up his investment banking career for