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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 > Should be last week of drilling the Yukon
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Post by carter2 on Oct 07, 2024 12:16am

Should be last week of drilling the Yukon

Then we wait for results, but as we are all aware the labs are backed up.  What's up next ? Another year of drilling which would dilute the stock to raise some more funds at 12 cents, followed by shares for work done to the directors.  Or can we just get an offer and put it to a vote? Oh I forgot we don't need to vote as Chuck has control. Who do you all think is behind all the manipulation ? Anonymous ?
Comment by MassiveisKing on Oct 07, 2024 1:36pm
Genuinely profound 
Comment by Domino15 on Oct 07, 2024 3:31pm
That is a very good question, "What's next?"  How do we find an answer to that? At the last gm Chuck said be patient. However, he didn't go on to say how long to be patient for.  The stock is tradding at 13 cents, so is that all the stock is worth?  Comments of $3, $28, $26, $14, $40 and so on come out for a buy out and it is trading at 13 cents?  There is a ...more  
Comment by Waivergod on Oct 07, 2024 3:41pm
This 100% tough to believe peoples buy out predictions with such a lowly share price. I sure hope we get the buy out but just wondering why the big funds don't see the beauty in our stock yet when we looking to sell for 100x
Comment by Massivesulfide on Oct 07, 2024 3:41pm
You hit it on the head. Since when does the CEO and board take operational direction from the Chairman? Only here as the Chairman both directly and indirectly controls more than 50 percent of the float. I say we take 5 bucks and a royalty stream in 8 years when it becomes operational. Let's hope the offer is still floating out there as some on other boards have suggested.
Comment by MrJimLahey on Oct 07, 2024 4:13pm
this is not an ordinary stock. chuck runs the show and thats the way it is. my suggestion if you dont like it is to sell and move on or sit here playing the guessing game like everyone else. high risk high reward stock if you can stomach it..... remember two seasons ago Chuck came back gushing over the site and told everyone ot buy as much as you can. since then Germanium has come into play and ...more  
Comment by Oregonduck on Oct 07, 2024 4:42pm
Lots of upside on Cantex with Germanium (Ge). Chuck can achieve world domination in  producing this rare metal commodity. Total annual import of Ge into US amounted to $45 million in 2023 according to US Govt stats. Looking forward to FNNND approving the access road. It seems Chuck is pivoting away from zinc/lead/silver to  Germanium. 
Comment by Massivesulfide on Oct 07, 2024 10:18pm
I don't think anybody is doubting the mineral dollar contents of the exploration. However, $1 billion takeout four years ago would net $20 a share. Today that billion dollar takeout is eight dollars because of dilution. The reason we push for reporting and with it an accompanying increase in share price is so that early shareholders don't get watered down at the expense of Johnny-come ...more  
Comment by Stallion13 on Oct 08, 2024 1:48am
I don't believe the germanium is that big of a deal. I huge perk for any potential suitors sure, but seeing how China could reverse there decision and flood the market anytime with certain critical minerals I don't think the germanium is gonna get treated fairly if and when a partnership or buyout happens.
Comment by MassiveisKing on Oct 08, 2024 9:56am
Geopolitical reality collides with your post. 
Comment by Massivesulfide on Oct 08, 2024 10:45am
If your comment was posted five years ago, I would not have agreed more.  However, given the physical limitations of silicon wrt overheating and the fact that germanium can withstand clocking rates a magnitude faster with less cooling required the outlook for germanium demand is changing.  I don't think the Chinese would make a difference going forward. It's one thing to use ...more