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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 > Question to Carter2
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Post by Massivesulfide on Aug 02, 2024 11:45am

Question to Carter2

Is it true that you have been holding right through the run up to seven dollars and all the way back down? I guess the question everyone wants to have answered is why? Chad and Jennifer dumped their shares in the form of options but you seem to have stood fast. Could shed some light on your decision to do so?
Comment by carter2 on Aug 02, 2024 5:00pm
I was and am waiting until a JV or a buy out, this will maximize my return.  Hind sight I should have been out and in again.  But eye on a larger prize I think things will work out just fine.
Comment by Massivesulfide on Aug 02, 2024 5:35pm
That was my thinking as well. So a quick back of the envelope suggests you would need at least $15 to make it even factoring in your lost earnings and reinvestments from your payday back then.  At the crux of your decision was your belief in the integrity of Chuck. I got introduced to him through golf friends and friends of the horse racing industry. My HVAC installer at my cottage knows ...more  
Comment by carter2 on Aug 02, 2024 11:10pm
Thanks for the kind words.  I was in this thing early had 1.3 million shares and had averaged down to 35 cents.  Things we're looking promising and we had a JV partner willing to move Al Hariqa forward, then the war.  Reverse splits left me with 86k shares which I sold and bought MTX cheap cheap and have more than I had of CD, that was when U2 was a pipe dream. Then once CD was ...more  
Comment by Waivergod on Aug 06, 2024 2:31pm
Thanks for sharing your guys stories of meeting Chuck! Fun to hear how others got involved on this stock.
Comment by MrJimLahey on Aug 02, 2024 9:02pm
i first heard about cantex years ago on the patio at the Eldorado years ago. nothing has changed in what i understand to be happening. is chuck really going to strong along friends, families, coworkers, employees etc etc.  this is going to be the continuation of his legacy
Comment by carter2 on Aug 02, 2024 11:14pm
I first met Chuck at Gosh'es night club that he booked for his 55th birthday.  It was an entertaining evening.  Didn't know he was a singer.
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