Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > My take
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(97)
•••
Comment by Dragunovon Nov 28, 2023 8:33pm
83 Views
Post# 35757673

RE:My take

RE:My take
Dragunov wrote: What happened to justify a wiping of $100M off CXB's valuation? Were some mad because $40M weren't going to be used to repurchased shares? Were these same people concerned about another, allegedly, bad acquisition? Whatever the reason, I had increased my investment in CXB  because of the following:
- gold is going higher as demand is increasing
- CXB team, which tends to either meet or exceed their targets, forecasted almost a doubling of its production
- geographic diversification

Also, CXB was dropping even before this announcement. This suggests that those who sold their shares were unhappy with CXB while it still had the extra $40M and no deal.

I'm happy with this sudden drop. I wonder if the EPS this year will be between .30-0.33 or more...


Gold is going up nicely. CXB will likely be back to $100M in cash in Q1. New assets are looking like a super bargain right now. I don't get why there are so many sellers...
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities