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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

Comment by geezer21on Jun 29, 2022 9:03am
101 Views
Post# 34789939

RE:More GREAT News!

RE:More GREAT News!

In my opinion it's more than simply "all gold is down".

The data is quite clear that all the gold miners are down since the beginning of April.  They all rose with the price peaking up to 2,000 in March and when the price of gold started falling back the miners declined.

A moment ago I looked at the charts for 32 gold miners and they all have the same pattern showing a fall in share price since the begining of April. Calibre is no different than all the others.  They have all fallen back commensurate amounts.

Like all the others Calibre's pull back in share price has nothing to do with the fundamentals of Calibre but everything to do with the price of gold and stock markets crashing into bear territory.

This situation presents a buying opportunity to buy gold miners or gold ETFs or gold miner ETFs.



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