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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.


TSX:CXB - Post by User

Calibre Mining Corp > New Issue lead broker is BMO
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Comment by theCurseon Mar 20, 2024 3:20pm
154 Views
Post# 35943447

RE:New Issue lead broker is BMO

RE:New Issue lead broker is BMO
1northumberland wrote:

Why can't BMO suppprt this stock at issue - $1.68?

So much for BMO being a player imo

 



Seriously - you are worried on day 1 after the financing that it fell below the financing point?

The reason for the sell-off is that it appears the financing (at a decent price and NO warrants) is due to needing even more funds than previously indicated to finish VL. 

*That* is the downward pressure - not the financing itself.   Financing was clean - no warrants.  50 day moving average is 1.45.  I don't buy into significant shorting either. 

Also for the guy thinking that BMO is "buying" this for themselves (sure sounds that way!)...you need to look up how these financings work.

And I see our favourite Moose is again grazing in the "funny grass" pasture again.  I actually would enjoy meeting you.

that said, at least a great day for gold itself.

tC
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