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

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Post by geezer21on Feb 03, 2024 1:55pm

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Post# 35861273

Rate Cute Projections

At the end of October Powell's dovish talk fueled expectations of rate cuts starting in March that caused a sharp rise in the price of gold.

Dovish talk was walked back but the price of gold has remained elevated.

Increased risk of regional bank failures support a prognosis that the Federal Reserve will have start cuts sooner than later and the rise in the price of gold confirms that.

History has shown that once cuts start that they are swift and steep. Here is the data from Visual Capitalist:

https://www.zerohedge.com/markets/visualizing-past-interest-rate-cut-cycles-2024-forecasts

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