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Bullboard - Stock Discussion Forum Calibre Mining Corp T.CXB

Alternate Symbol(s):  CXBMF

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... see more

TSX:CXB - Post Discussion

Calibre Mining Corp > Canaccord says buy just yesterday
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Post by stockmyster on Feb 02, 2022 4:27pm

Canaccord says buy just yesterday

24,486,000 shares transacted in two tranches - sold by same brokerage - canaccord - only two entities with that many shares to sell - luxor capital and b2gold - question is which two entities were on the buy side -

what a coincidence we have a board member who recently worked for Canaccord. If this has to do with insiders getting the scoop on some news that the rest of don't then this company and board has lost all credibility
Comment by Tad on Feb 02, 2022 4:46pm
Stockmyster, Those two transactions were in all likelihood pre-arranged. Luxor Capital backstopped the Newmarket Gold deal that the current management of CXB was quite successful with. Cal8bre also had alot of help from Luxor with the purchase of the producing assets in Nicaragua. I believe B2Gold had approximately 32 million shares of CXB that BTO acquired with the acquisition of B2Gold's ...more  
Comment by ThoughtsOnThis on Feb 02, 2022 6:44pm
That's good information and insight stockmyster. Seems a v-a-l-i-d observation to me (Loser, Liar, Living in a Basement, Village Idiot, etc. Hard to keep up)... The response by Tad almost hangs together and then fades to more of the same: "You have no idea what's really happening here. Gold is King! Your a Loser. Sell your shares at a loss. Don't question Mr. Tootall8-9-10! WE ...more  
Comment by Tad on Feb 03, 2022 2:39pm
stockmyster, I have the utmost confidence in CXB management, both in navigating this company eentually to a 500,000 ounce producer, as well as dealing with any political situation in any country.  I bought another good sized chunk today and will add more next week on any continued weakness. Quite sure that Luxor Capital and/or B2Gold has been selling. You do have to wonder who  was on ...more  
Comment by stockmyster on Feb 04, 2022 6:22am
Tad yes if you could kindly post institutional holds when the info is available so we can see who is selling and who bought in. Could you also post the information on the short position. It's not as relevant now but I would like to see it.  No coincidence that they released some news yesterday. Also not a coincidence that there was a blurb there from Tom Gallo formerly of Canaccord.& ...more  
Comment by Tad on Feb 04, 2022 11:42am
stockmyster, Short position has dropped again, by just over 2 million shares. Doesn't look like we'll be seeing any short aqueeze. Plenty of volume to allow the remaining shorts to cover, if they wish to. Short Positions for CXB Symbol Report Date Volume Change Shares Issued % Float  ...more  
Comment by tootall123 on Feb 05, 2022 11:10am
This post has been removed in accordance with Community Policy
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