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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

Post by geezer21on Jan 16, 2024 1:35am
131 Views
Post# 35828283

Global Fiat Currency Debasement

Global Fiat Currency Debasement
With debasement fiat currencies around the world more fiat units are required to buy more tangible goods like gold, oil, electricity, electric cars, food, transportation, and other products.

https://www.zerohedge.com/geopolitical/catch-gold-wagon-or-lose-your-fortune-von-greyerz

Since the 2020 unprecidented dollar printing during the COVID pandemic the price of gold has remained elevated allowing Calibre rake in more dollars that they are turning around to pour back into the production of appreciating gold assets.  With the purchase of Marathon Calibre has taken a major step to drive more dollars into gold.

https://tradingeconomics.com/commodity/gold
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