Cantex Mine Development Corp V.CD

Very Modest Program

[Oregonduck]

Roughly half of $1.2 million raised will go for exploration and the balance of $676,000 for working capital and bills.
Chuck has subscribed for $990,000 and his director took down $10,000. 

It would appear Chuck is continuing to extend a lifeline to keep the lights on. Stock is treading water. The Yukon Cantex exploration has been ongoing for a decade. Chad wrote a paper in 2012 targeting gold following ATAC's Rackla discovery. Cantex didn't find any gold but zinc and lead that morphed into Germanium. ATAC has accepted a takeover for little to nothing. The initial approval for the access road to ATAC Rackla discovery has been rescinded by the Yukon Govt by First Nation invoking their territorial land rights.
 

Chad also said at the AGM that there is a 50 meter thick hard rock to the deposit. The stock got hammered down from $7.00 due to disappointing results.

[pennymaker69]

it's not modest. read the news again. They doing another 5 mil.

[Oregonduck]

  They can say what they want about another $5 million, but they need to pre-announce the details to shareholders under the dilutive threshold rule. While issuers may request approval to issue any number of shares, approval is usually requested for the number of shares required to complete the publicly announced transaction. Requesting approval to issue more than that number of shares

[Matteo1234]

Doorknob

[Massivesulfide]

Seriously though, what went wrong in this deranged troll's life? Stalker of Chad and Chuck. Who broke your bill duck?

[frankgorshin]

A lack of dollar bills is why he is living in his mother's basement.

[Oregonduck]

  Speaking by someone investing in a penny stock making a lot of cents...Living in some mother's basement rent-free will inherit a fortune which is better than dumbshit dreaming of becoming a millionaire.