Cantex Mine Development Corp V.CD

Anyone adding shares?

[Massivesulfide]

I'm evaluating my 500 k CD shares at $.36 on average and want to add to my total but will not. For whatever reason, management has refused to put out any indication of what they have found to date. I took it upon myself to look at what the amount of drilling prior to issuing a resource report was for similar companies. There are many factors (primarily depth) related to work with in calculating this number but examined seven or eight peers to CD. On average, initial resource reports were put out at the 25,000 to 35,000 m drilling stage. We are now at 70,000 m. Why is there no resource report? What are they hiding? A road deal will follow, but without having an understanding of what is there on paper I am no longer adding. Do other people feel the same way?

[Emili0]

I don't think they are hiding anything but maybe they feel that there's no reason to put out a resource report when they already have an interested buyer. Plus it doesn't make sense to pay all this money for a resource report when they are still doing lots of drilling and still don't even have a native road deal signed.   I'm sure after the results come in from

[Massivesulfide]

A resource report costs less than a tik tok promo video. Prioritize your spending management.

[Waivergod]

Are you saying the documentary film crew is not making a TV series but a TikTok video?

[Massivesulfide]

I am being sarcastic. I don't see the value in making a perfunctory documentary on how great you are as a geologist exceeding the value of letting existing shareholders know what has been found to date. It's all about priorities and transparency. Both seem to be lacking at this point. 

[Emili0]

I think the fact he bought a million dollars worth of stock is very telling. He knows the native road deal will be signed and he knows they will have a joint venture deal within a years time and this years drill results will only add more value. Hold on to your hats, we're in the end game. 

[Massivesulfide]

From your lips… as the expression goes. Now if we had an NI 43–101 and a $2 dollar share price Chuck could've bought himself 500,000 shares for the million dollars diluting us a lot less than the almost 10,000,000 shares he and Crescat just put in their pocket. Focus on what is important. The film to me is inconsequential. However, the fact that they value that money being spent on a promo

[MassiveisKing]

Huh, let me get this straight, someone is making a documentary about NR? Can we be extras? We can wear polar bear suits and walk around pretending to look for seals or better yet, wear seal suits and mingle with real penguins?

[Stallion13]

I am in the same boat. I Have about half as many shares at a similar buy in and want to add more but something is telling me not to.

[bchotshot]

I believe in Chuck. I just keep buying, cost averaging and collecting shares in both CD and MTX. You buy shares when they are on sale. That is how it works.  

[pennymaker69]

I strongly aqree we got bent over on that last PP. They already had 4 mil in cash and another 1 mil wasn't needed. if they had the 43-101 we would have been watered down. Also I wonder what they will do with MTX needing cash with it at .01. That next PP is going to be so painful...

[Massivesulfide]

The problem is that Chad has stated off the record that there are 8 to 10 millions tons accounted for already. If conservatively that translates to US$1000 per ton, including silver, lead, zinc and germanium, the value of the firm could be as high as $5 US dollars already. However, we will never know until a mythical and magical sale/JV appears out of thin air. Insert sarcasm here.

[Stallion13]

I am fine with waiting but I feel we will be waiting until after a change in goverment and then a period afterwards.

[Waivergod]

Bingo! Once the libtards are gone canada should open up for business to rest of world again -  hopefully I pray!

[Stevesack]

I added shares yesterday at 13, i think all the indicators are for the price to go up. I have double the amount of shares you have " massive" at a higher average. I talked to the company yesterday and there are a couple of major players that are very interested

[SkahaLake1]

The opinions of "major players that are very interested" are the only relevant opinions, not the uninformed opinions (guesses) of the stock market as a whole. My recollection from the AGM was that Chad said that they were reluctant to publish a formal resource estimate based on current knowledge when it would be sitting there published but badly out of date as each season's drilling

[Matteo1234]

Pappi. Wheres the big dogs. I probably have the most, and it is like 1% of my portfolio. Some of these hamsters got a couple of hundred bucks. flexing. Shiv. Penny and a few others might have some pesos. Stayhard

[Waivergod]

Very interesting