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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TSX:CXB - Post Discussion

Calibre Mining Corp > GOLD IS KING

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Post by tootall123 on Jul 03, 2023 8:43am

GOLD IS KING

Gold is up over 500% in the last 20 years and gold is up over 4000% in the last 50 years!

GOLD IS KING....

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Comment by geezer21 on Jul 03, 2023 7:41pm

Near term, what is relevant for investors is recent gold price rise to today from recent lows. From a low of $1248 in April 2019 gold broke out of a six year low to gain of 53.9%, an average annual gain of 13.78% outstripping equity and money market market gains. From a low of $1,642 on a pull back in October 2022 gold has risen over the last 7 months to16.9% today (up with record highs being ...more

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Comment by Bentouttashape on Jul 03, 2023 10:32pm

What is relevant is: exactly 3 years ago to the day, Caliber traded at $1.06 USD. Today $1.06 USD. So why don't we talk about what is really relevant. Like how many positive news releases in the past 3years. How many more ounces of gold have we produced since 2020. How much more cash on hand. So why don't we talk about why this stock is not moving and price of gold is.

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Comment by geezer21 on Jul 04, 2023 2:55am

Last October share price was 0.52 CDN. Now it is 1.39. An increase of 59.8%. Since the start of the Russian/Ukraine war in February 2022 Calibre's share price has been tracking the price of gold. Over that 7 month period since October gold rose 16.9%. Calibre while tracking the gold price it has outperformed the price of gold. Over the last 7 month period while gold rose ...more

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Comment by Bentouttashape on Jul 04, 2023 9:15am

And down 59% from June 2021. This stock is not performing. Let's talk about that.

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Comment by geezer21 on Jul 04, 2023 9:39am

What was happening since the begining of 2020? COVID With the massive COVID spending gold went flat trading up and down around an average of about $1850 from then until now. It impacted all gold miners not just Calibre. The massive spending inflated other assets. On the down side Calibre percentage wise declined less than the price of gold. On the upside Calibre percentage wise has ...more

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Comment by Bentouttashape on Jul 04, 2023 10:41am

THe next Quarterly report coming out in a few days will be the most critical in mind. It has been six quarters since FIORE purchase which is dragging this stock. This quarterly report needs to bump this stock big time. Management needs to start driving the value of this stock.

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Calibre Mining Corp