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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
Post by Royal10on Nov 01, 2019 10:42am
298 Views
Post# 30296994

CXB: something big!

CXB: something big!
The last drilling results on El LIMON (published 2 days ago) by B2GOLD (owning 31% of CXB's shares) have propulsed the share's price from 64 cents to 80 cents today. I bought a large position in CXB because I consider that these results are very promizing with a large vein system extanding over 2.5 kilometres, open along strike and at depth. This is only the beginning! A new drill program should begin in early November. So we can expect more good news! On the technical side, CXB is breaking out from a large base in the form of a reverse head and shoulder giving a target price of $1.40!
Bullboard Posts