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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 Jan 27, 1998 10:19pm
13 Views
Post# 672974

ali

aliDont worry when Chesbar gets on a roll they will be coming here for more info.I've been with CBI for about 6 years now and am more confident then I've ever been.Even with gold in a upward trend only the seniors will bennifit in the short term.However once Chesbar starts putting out numbers we will have a hay day.Remeber the points on this company. 1)-low cost production. 2)-a major behind them(Barrick gold) 3)-Contracts in place. 4)-5 mill in bank. 5)excellent results thus far(5gpt ave. versus Placer 1.25gpt ave.)of course lots of holes to go but still very promising. 6)-good management 7)-Barrick pays for rest of drilling and if they continue then they pay feasibility study.Therefore no more share dillution. I will be expecting more results in next couple weeks. Stubbs
Bullboard Posts