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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 > Who wants to be a sucker!
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Post by Oregonduck on Aug 02, 2024 4:14pm

Who wants to be a sucker!

On their July 31, 2023 audited financials (note 5), the Co. stated that they have not yet determined any of their mineral properties have economically recoverable minerals. Until they published 43-101, they are not allowed to hype or pump up their only asset left in Yukon as it would be in breach of securities law for misrepresentation.They can't express, inferred or implied that they have found an orebody hosting millions of tons of zinc, lead, silver and germanium ores. Do investors really think there are 20 million tons discovered with the stock price in the toilet at 12 cents, or 1.2 cents pre-split, down from $7.00. There is a saying that goes, "The reason it is in a death spiral, is the reason it can't get out of it" Like it or not, crash and burn coming!
Comment by TheInverseAgonist on Aug 02, 2024 6:14pm
Again, they have never stated anything regarding the economics of the deposit.  You stated and I quote, "The Co. has stated that there is no economic orebody found at North Rackla." This is a blatent lie, you are a scammer and useless.  They have said nothing, in either direction, but to release properly documented intercepts and maps of drill locations. Investors who look ...more  
Comment by Oregonduck on Aug 02, 2024 6:27pm
  Hey stock market Genius. Blah, Blah,Blah!!! Can't you read a balance sheet? It is all there in black and white in their Audited financial statements under Note 5. 
Comment by MassiveisKing on Aug 02, 2024 8:34pm
1200 Sharholders are all wrong?  
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