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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

Comment by Silverichmanon Jun 12, 2020 4:07am
338 Views
Post# 31142049

RE:RE:Colibri Resource Corp Agreement with Silver Spruce Resources

RE:RE:Colibri Resource Corp Agreement with Silver Spruce ResourcesAccording to me, Colibri Res. is now doing way better than in 2016, when it was trading at 27.5 cents. The management is top-notch, and they have a strategy for every project. Colibri has done a JV with big bird "Agnico Eagle", which in itself is a great accomplishment for an explorer. I am a believer in higher metal prices, and am sure that CBI will trade again in dollar-territory within the next months, as gold and silver should soon feel the effect of this crazy money printing-orgy. 

CBI is still not well known, but looking back to 2011 and 2016, it was mentioned quite a lot, and as the sector is small, a few millions of open market buys in a smaller explorer will surely move the stockprice up again into dollar territory once the exploration sector is getting more interest once again.
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