Bullboard - Stock Discussion Forum 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... see more

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Calibre Mining Corp > From King World News!

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Post by tootall123 on Nov 16, 2022 7:46am

From King World News!

How Is The Dow And S&P Down So Little?
The Kobeissi Letter: We currently have:

1. $2 trillion lost in crypto and the collapse of FTX
2. 80%+ of tech stocks in bear market territory
3. Biggest wave of tech layoffs since 2001
4. Fastest falling housing market since 2011
5. Worst earnings since Q3 2020

How is the S&P 500 only down 18%?

The Average Person Is Drowning In Debt
The Kobeissi Letter: JUST IN: Total household debt jumped by $351 billion last quarter, the largest quarterly increase since 2007.

This puts total household debt at a record $16.5 trillion.

Mortgage balances are up a record $1 trillion this year and credit card debt is up 15%. What could go wrong?

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Comment by greendayyyy on Nov 16, 2022 10:58am

Let's leave the tax loss and the end of the year behind. The first three months of the year are usually the best for gold and silver. Only a matter of time and the value will increase quite rapidly. CXB remains a bargain at these ridiculous prices.

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