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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 21, 1998 3:44pm
2 Views
Post# 775556

RE: stubbs

RE: stubbsYour right that nobody has to listen and I surely expect whatever I post is known that it is honest and what I've been told. Over the last couple of years I have shot down many rumours that have been offered to you.That truly was my only objective is to have kept this forum clean and never have I started a rumour without a backup.Through the years with CBI I've never been lied to or purposely mislead and that’s why I'm still hear and raring to go. My disappointments have only been the delays by Barrick and Ven. Gov. Everyone wants Terry to speak and I'm not sure what you want him to say. Everyone thinks that Barrick knows something we don’t know but they only requested info that would be have no use to the majority of shareholders. I've been in contact since the release several times and I'm more excited now. As I previously said I was very disappointed only because I wanted the stock to shoot up on the Barrick is in release. However things are going to happen at a much faster pace like drilling, assays and news releases this I can promise you. I'm in this big now and expect to double my position in the very near future. What’s next well drilling has started (mobilization)with funding from the company and it doesn’t take a rocket scientist to figure out yes we will need a small financing. It is advantages for us to drill the next phase independently and in known strong zones. This will attract better deals(if positive) from majors and this is in the cards. However this phase is the most important for CBI so dilution and desperation doesn't come into play. I don’t agree with the slamming of Terry and Steve though it has been frustrating they had to play along with Barrick until Monday.If we were king for a day we too would of made the same decisions and probably never got the compny as far as we are in Ven. They have known all our concerns on delay after delay but have promised this is corrected in the next phase(baring Ven delays). Now lets analyze the stock price after the initial shock. Lets look at what I believe is worst case scenario of 600k(lets split enigma and niceguy expectations) min oz in the saprolite. With 40mil(maybe 43 with small placement) shares outstanding what number do you guys come up with as a net profit and share value now that we have basically 100% of the properties back. Are we undervalued now at $.45 ?.What do you think at 2,3,5, mill oz.? The potential of the property is still there and Barrick could of had several reasons for the no but one thing is for sure it wasn’t because they have no gold, or a scam. Again nothing is hidden from any of us you want Barrick's data (as some think they are hiding things from us)phone and ask it wont do you any good unless you are some top geologist with 3d programs etc.etc.. You can call me promoting if you will but I will put my money where my mouth is once again and I’ll be able to prove this to you when I do. For those that don’t believe in the property then it is time to move on and that’s an investors choice (I hope you are wrong and not to insult you ).We have the drill permits for the Northern La-Selle and imminent on the north properties. Again what do you think the stock is worth if they just match the same values on the two North properties that have as good as or better sampling. The potential is still very good for our stock so don’t just give up do some of the math. And if you don’t trust the management or felt they did a bad job Give them a chance now that they are on their own. I’ll be going to CBI for a very important meeting hopefully next week and will give you as much detail as possible. Again I’m as excited now as ever and hope you saw the very positive light. We are a minority of this stock (internet)as the majors certainly didn’t bail as 4-500 k shares traded since the news and we are sitting at $.43.Yes this is my most promotional post I have done but all I ask is think about as it is my honest input and belief.Again its your choice,your money and either your in or your out.I'd say by the look of things most are hanging in. Stubbs
Bullboard Posts