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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 > Seeking Alpha Article
View:
Post by kcac1 on Nov 17, 2022 10:04pm

Seeking Alpha Article

Here is a long well written SA article dated 11/13/22.

Calibre Mining: Tracking Well Against FY2022 Guidance (TSX:CXB:CA) | Seeking Alpha
Comment by geezer21 on Nov 18, 2022 4:32am
Calibre is one of the top performing miners.   It is on track to produce 220 to 235 ounces.  As of H2 it has a profit margin of 11.32, a p/e of 5.9, and a price to book of just 0.61 making it one of the most undervalused gold miners. Calibre in Q3 increased capital spending to accelerate growth and is on tract to meet cost projections. From the Q3 report: VANCOUVER, British ...more  
Comment by Italianwines on Nov 18, 2022 10:59am
it does not matter. Calibre is veery high risk in nicaragua.
Comment by greendayyyy on Nov 18, 2022 11:44am
All countries in Central and South America are risky. I am not worried about CXB. Good, intelligent, professional managers who know what they are doing.    
Comment by shmenkari on Nov 18, 2022 9:29pm
I agree, but would take that a little further. The US and Canada both are thought of as tier one, safe jurisdictions. But both have liberal governments that are hostile to mining. Even at the expense of green policies that can not go foreward without huge investments in mining. For me on risk to reward, I put Nicaragua on par with other markets. Good luck to all, I will be buying more Ca,ibre on ...more  
Comment by greendayyyy on Nov 19, 2022 2:42pm
You are absolutely right about the Canadian and American governments. Just look at BHT which I own. They have an agreement already made with the Huron Nations and the copper mine is ready with all the installations, equipment and electricity. We have been waiting for the permits for over a year. However, there will be no more copper mines built soon and not to mention the lack of copper in the ...more  
Comment by geezer21 on Nov 19, 2022 12:38am
Nicaragua is not much of a risk as is the U.S.A. that has been sanctioning companies around the world. Nicaragua is not going to kill the goose that lays golden eggs.
Comment by Atima on Nov 19, 2022 8:04pm
That is exactly the objective- make Nicaraguan gold radioactive to the international investment community in order to nudge government away from repressive practices that lead to unrest, mass emigration and conflict. See what happened to Venezuelan gold production. Calibres meager share price reflects this danger. I expect Calibre to eventually be nationalized if US ratchets up pressure-
Comment by edx on Nov 20, 2022 4:54am
No it's not.. if it was the US would have banned import of all gold from the country, not just DGM. They even explicitly made a point to say in the sanction piece the goal was not to harm the Nicaraguan economy or the people. Calibre employs over 10k locals in relatively high paid jobs. Most of the workers at Libertad and Limon are unionized. Calibre has contributed hundreds of millions USD in ...more  
Comment by Italianwines on Nov 21, 2022 8:06am
now you understand.