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Calibre Mining Corp T.CXB

Alternate Symbol(s):  CXBMF

Calibre Mining Corp. is a Canadian mid-tier gold producer. The Company has a pipeline of development and exploration opportunities across Newfoundland and Labrador in Canada, Nevada and Washington in the United States, and Nicaragua. It owns several operational open-pit and underground mines, two milling facilities (the El Limon and La Libertad mines), and a portfolio of exploration and development opportunities in Nicaragua, Central America. In addition to its mining operations in Nicaragua, it also engaged in the exploration and development of several concessions at its 100%-owned Eastern Borosi Gold-Silver Project (EBP), which includes the Eastern Borosi Mines (EBM). It holds a 100% interest in Fiore’s Pan Mine, a producing heap leach gold operation. It owns the adjacent advanced-stage Gold Rock Project and, the past producing Illipah Gold Project in Nevada, as well as the Golden Eagle project. It also owns the advanced-stage Valentine Gold Project in Newfoundland and Labrador.


TSX:CXB - Post by User

Bullboard Posts
Comment by methionineon Apr 16, 2012 3:51pm
347 Views
Post# 19799973

RE: RE: A few like this opportunity.

RE: RE: A few like this opportunity.

Agreed!

 

I took the opportunity to load up again. Whether just to average down, or long term its a win win in my mind.

 

There is plenty more to come from CXB and I think the drop was a bit of an over reaction this morning. Compare the drill results today with the ones that sent us up and its hard to understand the mentality of the market at times.

 

My most likely guess is some people were waiting, hoping on big finds, and when they saw more of the same they decided to take their green and walk out.

 

Like so many junior plays at this point in time patience may prove to pay off. Everyone is taking big hits even though they are finding gold.

 

The property is huge, and the extenxt it has been drilled out to does not justify anything on the negative, in my mind.

 

Anyone remember the days when investors had a bit of patience when companies ran drill programs?

 

When drils are turning, and gold is being found I generally don't panic. 

Bullboard Posts