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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 > last years agm..
View:
Post by pennymaker69 on Jan 07, 2025 8:36pm

last years agm..

Chuck himself said that this time next year he wants to be talking about the JV deal they worked out. So it's very close to that time where he will have the AGM and talk about a deal or a future deal. We could be looking a big deal done and a run up in the share price. OR...

More drilling to prove and extend the zone to get a better deal. Ideally we need someone that wants to bring in a big drill and see how much deeper beyond 700 meters this Zinc Lead and Silver find goes.  Maybe there is even more zinc deeper down...

But those big drills cost money and a major to ship theem up there and get it all done. So I am leaning towards a deal getting done.

I look forward to the AGM coming up. I have loaded the boat and ready for either news. IF it's more drilling then I have another years wait and maybe I will reload on the TFSA again. But if you haven't got in before this years AGM... you could be missing out on the JV deal and a big pump in share price....
Comment by carter2 on Jan 07, 2025 9:20pm
Best post you ever made, I agree and hope for a JV announcement.
Comment by Domino15 on Jan 07, 2025 11:15pm
If we have a good offer on an outright sale why not sell it and let the buyer worry about the road, 43-101, etc. and if they go deeper and find more massive sulfide good for them. Let them shelve if for years if they want. With what we have now it must be worth a decent share price for a Major and we need Chuck to cut the deal!!!
Comment by pennymaker69 on Jan 08, 2025 12:19am
I bet the deal is the 70/30 deal they talked at the mtx AGM and Chuck got it mixed up.