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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 > Symbiotic Relationship
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Post by Oregonduck on Jan 17, 2025 11:26am

Symbiotic Relationship

Chad Ulansky is the CEO of Cantex, Metalex and formerly Northern Uranium working under Chuck. All failed exploration ventures losing 99% of investors equity. Chuck is incredibly loyal to his staff and Directors to a fault. Chad was instrumental in getting Cantex into Rackla, Yukon, in 2012 piggybacking on ATAC's gold discovery. So far, $100 million down the sinking holes in CD and another $100 million in MTX. The stock market is in the midst of the biggest run in the history of the world and shareholders here are fantasizing about a big payday. They have better odds winning a lottery.

(Source: Mining.com)
"
The Fipke-Ulansky partnership began when Ulansky was just a teenager. An avid outdoorsman from a young age, Ulansky met Fipke when the geologist attended a presentation Ulansky gave to a Kelowna scout troop, and the two hit it off. Fipke told him he would call him at the end of the school year.

Sure enough, Fipke phoned in June and offered Ulansky a summer job, a gig that turned into a continuing, decades-long partnership.

Ulansky continued working for Dia Met until its purchase by BHP in 2001.

Along the way, he obtained a bachelor’s degree in geology at the University of Cape Town in South Africa."

Comment by pennymaker69 on Jan 17, 2025 11:48am
He also had a smashing success at Daimet where the stock price was low then took off. It's a billion dollar lotto ticket. They found something in the Yukon a Silver Zinc Lead mine that needs to be sold to a major. When it's done. Price is going to move.