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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 > GOLD IS KING
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Comment by geezer21on Jul 04, 2023 9:39am
69 Views
Post# 35525581

RE:RE:RE:RE:RE:GOLD IS KING

RE:RE:RE:RE:RE:GOLD IS KING
What was happening since the begining of 2020?  COVID

With the massive COVID spending gold went flat trading up and down around an average of about $1850 from then until now.  It impacted all gold miners not just Calibre.

The massive spending inflated other assets.

On the down side Calibre percentage wise declined less than the price of gold. On the upside Calibre percentage wise has performed better than the price of gold.

Calibre while tracking the gold price has outperformed the price of gold.  Over the last 7 month period while gold rose 16.9% Calibre rose 59.8%.

With increasing production Calibre on the upside of a rise in the price of gold is outperforming gold.

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