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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 > Why you will go broke!!
View:
Post by Oregonduck on Aug 19, 2024 6:49pm

Why you will go broke!!

You will lose all your money averaging down on a losing stock that keeps hitting all-time low.

There is a 99% chance for approval of an access road to North Rackla. Assuming there is 1% chance, there is a zero chance an open-pit mine and a dam like the Faro Mine would be approved to process the zinc or copper concentrates.

https://www.rcaanc-cirnac.gc.ca/eng/1480019546952/1537554989037
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