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 > Zero

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Comment by DaveinNL8on Mar 18, 2024 7:04am

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Post# 35937807

RE:RE:RE:Zero

theCurse wrote:
The GDXJ held ~14.0M shares of CXB on Dec 31/23 as well as 13.6M shares of MOZ. So that would result in 22.3M shares of CXB after the merger.

I'm quite surprised whoever was buying were able to find that many shares for sale.

Doubt they would be added to the GDX at this point but I guess they would qualify. More likely when they have more production. Apart from the inititial buy-in by the likes of the GDX, the domino effect is many other funds duplicate/mirror ETF's like the GDXJ or GDX. Good news when included....not so good news if given the boot!

tC

GDX Companies eligible for inclusion in Index:

Globally-listed

Market capitalization greater than $750 million

Average daily volume of at least 50,000 shares

Average daily value traded of at least $1 million