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Colibri Resource Corp V.CBI

Alternate Symbol(s):  CRUCF

Colibri Resource Corporation is a Canada-based mineral exploration company. The Company is focused on acquiring and exploring prospective gold and silver properties in Mexico. Its projects include Evelyn Gold Project, El Mezquite Gold & Silver Project, Pilar Gold & Silver Project, Diamante Gold & Silver Project, Jackie Gold & Silver Project, and Plomo Gold Project. Its Evelyn Gold Project is located in the Caborca Orogenic Gold Belt and covers an area of approximately 506 hectares (ha). Its El Mezquite Gold & Silver Project is located in Sierra Madre-Yecora Area, Sonora, approximately 10 kilometers (km) northwest of Tepoca, Sonora Mexico and 175 km east-southeast from Hermosillo. This project covers an area of approximately 180 ha. Its Pilar Gold & Silver Project is located in Suaqui Grande-Sonora. It has optioned 51% of Pilar Gold & Silver Project to Tocvan Ventures. Its Diamante Gold & Silver Project covers an area of approximately 1057 ha in Sierra Madre-Yecora area.


TSXV:CBI - Post by User

Bullboard Posts
Post by stubbson Sep 27, 2000 3:46pm
227 Views
Post# 2568721

short term

short termI hit post by mistake so here is part 2.In the short term prior to completed feasability we could get up around 1.00- 2.00 on the strenght of us retailers.The problem I see is nickel is probably boring to the majoity of investors so it will take someone who wants nickel to achieve higher prices.Remember the further down the line we go in proven reserves then the higher a major will have too pay.So will someone make an offer sooner then latter is the big question.would I wait till 2,3,4 etc I dont even know as time will have to dictate.Dont want to sound like a dreamer/promoter but this is all very possible and if you/majors agree with management then very probable. stubbs
Bullboard Posts