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.

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Calibre Mining Corp > Calibre Announce NCIB

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Comment by JayBankson Jan 25, 2024 9:17am

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Post# 35844687

RE:RE:RE:RE:RE:RE:RE:Calibre Announce NCIB

Are you saying the the money paid to buy the shares in a NCIB is "retained funds" ?! And that those funds are still "available" to grow the company?

Do us a favor and take yourself out back and put yourself out of our misery.

Moneyused for the buybacks or dividends is money out the door for the company. In a buyback the pie is reduce so that results can be analyzed over a smaller pie that should show better value of the investment for shareprice appreciation if the company is doing well. It adds theoretical paper value to your investment. Where as a dividend is paid and rewards current shareholders, it doesn't pay shareholders to leave the investment.

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This profitable gold stock is on its way up