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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
Comment by stubbson Oct 31, 2001 7:58pm
892 Views
Post# 4356260

RE: Valuation

RE: ValuationThey are looking for a couple hundred thousand.They are not going to the market at this time or near future for any further exploration(unless major buys shares well above these prices).The big boys know our numbers and more importantly they agree.The money being raised is strictly for putting a deal together.As far as time frames go I cant/shouldnt give one.If I'm wrong the company and myself get creamed.I will say that the ball is moving and what does that mean to a major company compared to a Jr.I did talk to the company extensively today mostly on the topic of what's the industry up to(magnesium and nickel).I will put something together ASAP.
Bullboard Posts