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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

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Post by brianjames on Apr 11, 2024 6:02pm

V.Lake

Just doing some math..... 

With Gold approaching $2400 an ounce,
what are the costs to mine an ounce of gold at Valentine Lake approx. Has the number changed or are we still thinking around $1300 an ounce?

On 5 Million oz that a nice bit of pocket change....lol

BJ
Comment by zack50 on Apr 11, 2024 9:04pm
Hey BJ... the December/22 TR & FS gives us the AISC for the VLGM as US $1046... that equates to ~ $1431 Cdn. at today's exchange rate. A nice profit indeed. Cheers!
Comment by brianjames on Apr 12, 2024 1:25am
Overnight trading.... Gold at $2402 as I shut my eyes woohoo BJ
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