Cantex Mine Development Corp V.CD

thx for the answers so far but one more question...

[pennymaker69]

So we waiting on this 43-101. Wouldn't that be a 3rd party and wouldn't they put out an NR about it?
It would have been nice to get an update about  it.

My gut saying they want to drill some of the surface samples and try to make this even bigger.
But the market has kind of spoken. We know what's there. put up and shutup with a 43-101....

I guess there won't be too much news at the next AGM ...

[Massivesulfide]

Since we are now fully into the weeds and picking lint out of our belly buttons, the question must be asked as to why the delay in releasing meaningful tonnage? Let's assume a minimum tonnage is required to make this project happen. Let's call it 10,000,000 tons. Obviously drilling further and potentially doubling that amount would be materially meaningful effectively leading to a greater

[bandi10]

If we had a resource of 10,000,000 tons we would have a value of over $10,000,000,000. There would be more than one company wanting to buy in. Till we know, the real tonnage, all is just pure specculation.

[Massivesulfide]

That tonnage was intimated to me by Chad at PDAC. Now let's see the rubber hit the road. Bring on the NI 43-101.

[pennymaker69]

But wouldn't they have news that hey hired some company to do the 43-101?

[Massivesulfide]

That number was shared with me. But how would anyone know when nothing has been published.

[givemeabreak1]

Bandi estimated value is difficult at this stage.  Ten million tons at a cost higher than the selling price of the commodity even with my bad math skills equal zero!

[bandi10]

Yes they are just numbers  and they are out of context. Cost have to be taken into consideration. i just stated a value at estimated grades, but certainly not enough information to mortgage the house for. Regardless of value other issues may make it unviable for mining.

[MassiveisKing]

Gstaad anyone?