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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 > New Company Presentation
View:
Post by kcac1 on Jan 20, 2023 5:44am

New Company Presentation

A couple of questions if anyone knows?  

How far is the New East Borosi mine from the mill and what size trucks (tonage) are they using?  
And is it a paved road frequently used by locals and if so, are there any government restrictions on road useage?  As I am wondering if they are seeing much higher grades coming from Eastern Borosi, why try and increase input from that new mine quickly?

Here is link to Jan presentation if you have not seen. Very well done imo:

https://investors.calibremining.com/corporate-presentation/
Comment by Tad on Jan 20, 2023 1:36pm
kcac1 It's approximately 400km by road from the Eastern Borosi Project to the La Libertad mill. I read somewhere recently that the cost of haulage is estimated at US$0.12 / tonne / km  or roughly $48 / tonne . I recall hearing they were planning on 25 tonne trucks, but can't remember if the plan was to towi pup trailers behind as well ..... . A 25 tonne load would cost about US ...more  
Comment by kcac1 on Jan 20, 2023 6:44pm
Good Info Tad, Thanks.  Everyone owning this stock should know of the country risk and obviously you only have to look at the nothing burger news in late Oct on sanctions to see how fast the stock dropped and how slow it took to recover even with the company almost immediately saying it had ZERO material effect on them. Just today, those who bought just after the Oct sanction news in the .37 ...more  
Comment by edx on Jan 20, 2023 11:31pm
Try building a fossil fuel pipeline in Canada these days!
Comment by Tad on Jan 21, 2023 1:28pm
kcac1 I doubt the Nicaraguan officials who were slapped with U.S. led sanctions care too much about what the west thinks due to  shenanigans in Nicaragua's last election. Nicaragua is joining the BRICS block of nations.  As if any western nations' elections are completely above board nowadays ..... Cripes I couldn't even vote with a paper ballot in the last municipal ...more  
Comment by kcac1 on Jan 23, 2023 6:34pm
Tad, I am in the States and have never seen a bigger mess than we have now.  I think congress (both parties) the President, this one and the last and now the Surpreme court and even the Dept of Justice totally have lost the trust of the Nation and the unfavable rating of all mentioned has never been lower.  I rate all very unfavorable and don't beleive anything said any more by ...more  
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