Calibre Mining Corp T.CXB

Alternate Symbol(s): CXBMF

Metals & Mining Gold

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

Calibre Mining Corp > Canaccord says buy just yesterday

<< Previous

Bullboard Posts

Next >>

Comment by Tadon Feb 03, 2022 2:39pm

174 Views

Post# 34394316

RE:RE:Canaccord says buy just yesterday

stockmyster,

I have the utmost confidence in CXB management, both in navigating this company eentually to a 500,000 ounce producer, as well as dealing with any political situation in any country.

I bought another good sized chunk today and will add more next week on any continued weakness.

Quite sure that Luxor Capital and/or B2Gold has been selling. You do have to wonder who was on the buy side .... should be able to find out when the institutional holdings are posted

GLTA !

Tad wrote: Stockmyster,

Those two transactions were in all likelihood pre-arranged. Luxor Capital backstopped the Newmarket Gold deal that the current management of CXB was quite successful with. Cal8bre also had alot of help from Luxor with the purchase of the producing assets in Nicaragua.

I believe B2Gold had approximately 32 million shares of CXB that BTO acquired with the acquisition of B2Gold's assets in Nicaragua.

If you feel that this management team has " lost all credibility," then sell and move along. Find another gold miner trading with a Price To Earnings ratio of 5:1.

stockmyster wrote: 24,486,000 shares transacted in two tranches - sold by same brokerage - canaccord - only two entities with that many shares to sell - luxor capital and b2gold - question is which two entities were on the buy side -

what a coincidence we have a board member who recently worked for Canaccord. If this has to do with insiders getting the scoop on some news that the rest of don't then this company and board has lost all credibility