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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 > here a stab at the value. - Rare earth.
View:
Post by pennymaker69 on Apr 14, 2023 10:15pm

here a stab at the value. - Rare earth.

IF we add the rare earth? double and make it 10 billion?

As of April 14, 2023, the current market prices for zinc, lead, and silver are approximately $1.40/lb, $0.95/lb, and $25.50/oz, respectively.

Using these prices, the approximate value of the mineralization can be calculated as follows:

  • Zinc: 2.8 billion lbs x $1.40/lb = $3.92 billion
  • Lead: 1.2 billion lbs x $0.95/lb = $1.14 billion
  • Silver: 24 million oz x $25.50/oz = $612 million

Therefore, the total dollar value of the mineralization would be approximately $5.67 billion.

Comment by pennymaker69 on Apr 14, 2023 10:18pm
Or this... To determine the dollar value of the mineralization, we need to use the current market prices for zinc, lead, and silver. As of April 14th, 2023, the market prices for these metals are: Zinc: $3,064.50 per metric tonne Lead: $2,146.00 per metric tonne Silver: $25.42 per ounce Using these prices, we can calculate the dollar ...more  
Comment by pennymaker69 on Apr 14, 2023 10:21pm
As for rare earth.... o determine the value of the germanium, we would need to know the current market price for germanium, which can fluctuate depending on supply and demand. As of April 14, 2023, the market price of germanium is approximately $1,200 per kilogram. Based on the average grades reported in the drilling results (795 g/t and 793 g/t), we can estimate that the germanium content is ...more  
Comment by Massivesulfide on Apr 16, 2023 8:16am
So are you saying the mallard is quackers and full duck poop? Oh and that a mine won't get built because of a road. Someone has avian flu. More seriously, your numbers might be a bit aggressive but if Chuck says they have only found 25-35% of what is there. It looks like total mineral value might be north of $60 billion and be operational for 25 years plus. Thx for the calculation.
Comment by Oregonduck on Apr 16, 2023 9:36am
  CASE STUDY Cantex morphed from $0.01 Goldtex at 1-for-10 consolidation, followed by two more 1-for-10's consolidation over the years. In 2000, the stock traded as high as $1.00 on Yemen news. Do the math, MassiveSucker. You might have an MBA, but no street smarts and stupid as hell still pumping your BS. So tell me MBA Laureate Genius, why is the stock now trading ...more  
Comment by Massivesulfide on Apr 16, 2023 10:55am
Wah waah waaaaaaah
Comment by MassiveisKing on Apr 16, 2023 10:39am
The better the results the angerier some on this board become.  Buy when they are angry and buy more when they are really angry. 
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