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Bullboard - Stock Discussion Forum Cantex Mine Development Corp V.CD

Alternate Symbol(s):  CTXDF

Metals & Mining Industrial Metals & Minerals
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 > That might be the reason?!!!
View:
Post by Oregonduck on Jun 19, 2023 1:16pm

That might be the reason?!!!

I see the Sedi insider report shows insider Director Vernon bought $10,000 in private placement whereas the News Release said he bought $50,000. He had pledged but not honoring the full payment and needed more time. Just putting the two and two together.

Chad must have listened to his wife for not buying more CD stock as he quipped about it at the last AGM.

Comment by harmony3 on Jun 19, 2023 2:56pm
This is from the news release - Apr 29/23 0974052 B.C. Ltd., a company over which Dr. Charles Fipke, the chairman and a control person of the company, exercises control and direction, subscribed for 1,562,000 units and 1,351,351 FT units for a total subscription price of $1-million. Vernon Frolick, a director of the company, subscribed for 31,250 units for a total subscription price of $10,000 ...more  
Cantex Mine Development Corp