Calibre Mining Corp T.CXB

Square this Circle.

[Bentouttashape]

I get all the hype and excitement, but ask yourselves HOW IN THE WORLD CAN THIS STOCK BE SO LOW. 

For Consideration:
CXB is producing or will produce 100,000 oz of gold above 2021 production. 
AISC and TCC are for all intents and purposes the same. 
And the Calibre Stock price is for all intents and purposes the same. 
Has 20mm more in cash on hand. 

So how can a Stock producing 100,000 oz of gold per year, or if you prefer and additional $190,000,000 at $1900 oz, be at the same stock price? It defys logic.

What or Who is holding this stock price down, because it is definitely happening, and if you don't think it is, look at CXB SP history?

Is it perhaps B2 Gold, which owns 30% of the company? I don't know, but something sure in the hell is up with this stock. 

I would not be so quick to give praise to this current management. Their job is to get fair share value to their shareholders and promote this stock and do what it takes to get there, but i don't see any of that happening.

[diggin78]

I agree. This is rather frustrating. Best way to get people interested at this point is to announce a juicy special dividend. But that's unlikely since they seem to be more concerned with fulfilling their "social contract" than satisfying shareholders. With that said, Calibre share price is up almost 100 percent over the last year, something that very few miners can claim.

[Dragunov]

I agree with you, Bentouttashape. Perhaps it is time to send management a message of dissatisfaction via the next vote. If they'll seek to fill their pockets with bonuses instead of giving us a dividend or seriously engaging in the buyback, they should be ousted. Can't let them be the only ones who benefit.

[Bentouttashape]

Yes, shareholders who are disappointed in this stock should also be filling their email inbox, as I have. Go to the Calibre website. The contact info is there. The one thing I will say, is they respond to emails. At least to mine they have.  But clearly there is something going on here. Does anyone really think this stock would drop 14 cents in two days because the price of gold dropped $25

[Dragunov]

That is exactly why management should be buying shares back. Their inaction is not only baffling to those who've seen the progress made, but also frustrating. They're letting the sellers completely undo the successes with wild swings while the money is sitting idle in the bank. Maybe they're holding on to it because of a potential takeover... If there's no good reason, they're

[karead]

CXB is tracking with the GDXJ. There is simply no interest in gold stocks at all. I watch about 20 of them, and the only two that have had a "re-rate" are AGI and LUG. CXB is due, but I guess the traders aren't ready to make that happen yet.

[slewfoot2]

eyem a trader.... eyem dumping on the up nibble.... 

[stockpunter]

Nope.  Look at GAL, GXS.  Both heading up, gold down. The problem with CXB is that the risk is in excess of the potential reward.  NEVER invest in a country that does not respect human rights and NEVER invest in a country that is on Uncle Sam's sh*t list. Ownership does not mean the same thing to everyone.  In Britain, Canada, USA we have an idea what ownership means, as

[karead]

We'll, we disagree, and I guess that's what makes a market. 

[karead]

Besides which, GAL and GSX are illiquid Venture exchange stocks that are both bouncing off 52 week lows. Apples and oranges.

[stockpunter]

I concede: apples and oranges.  But I still maintain that it is country risk that is keeping SP low.  Look at FM.