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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 > the 43-101 problem...
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Post by pennymaker69 on Aug 28, 2024 6:12pm

the 43-101 problem...

A few years ago people wanted a 43-101 report. Shareholders upset with the low price know that a 43-101 would fix this problem. The company didn't want to do it but at the agm  they said yes they would do one. THEN next agm they changed mind and said they where not going to do it and it wasn't needed. Which made a few shareholders upset but they explained they didn't need it to make a deal...

Now the share price is low and they did a PP at a low price which wouldn't have happed if there was a 43-101. it doesn't freeze the findings. It's a living document so as they drill and get more results the 43-101 reflects the new drilling results as they come in.

Yes I want a 43-101..... But do you? If you REALLY want one. As a shareholder put it to a vote to all shareholders and make it a forced vote that  management can't say no too. YES Chuck can say no. But he doesn't have 50.1% so if enough say yes then they have to do it.

So make them put it to a vote. IF you really want it so bad. (and no I am not doing it for you I am busy)
Comment by coolshivers on Aug 28, 2024 10:36pm
Duck.  Yes.  SGD did a report and they are still drilling. Everyone knows it was a just a starter for the real yukon darling.  You would never get enough votes. No one votes here. But the way its voted tells a tale. anyway.. whoe cares. winter soon. Drill season was short. 
Comment by MassiveisKing on Aug 29, 2024 8:20am
Dear CS: When you say winter soon, does this melancholic view suggest yet another drill season next year and the next and the next? 
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