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 > The trend is our friend

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Comment by geezer21on Jan 28, 2024 8:05am

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Post# 35849095

RE:The trend is our friend

More currently, the gold price has been on an uptrend since October 2022 and recently starting in October 2023, on expectations of rate easing in 2024, gold surged to a new high shy of $2,100 by the end of November 2023.

Currenlty the price is showing a flag pattern indicating it will bounce off of 20 day EMA to continue on trend to a new high.

Click on "weekly" to get a better look at the pattern and in "overlays" drop down enter a EMA and set a 20 day period.

https://stockcharts.com/h-sc/ui

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This profitable gold stock is on its way up