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Bullboard - Stock Discussion Forum 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... see more

TSXV:CBI - Post Discussion

Colibri Resource Corp > Huh. Tocvan is up.
View:
Post by drool on May 21, 2021 10:56am

Huh. Tocvan is up.

JV option partner Tocvan is up over a buck on Pilar news with 25M shares outstanding. Even with 95M shares out at CBI it's interesting that there are no takers at this low price. Considering what CBI has in exploration potential, this should be considerably higher in my opinion. Of course I've been wrong before. 

drool
Comment by Silverichman on May 28, 2021 5:56am
Absolutely. While TOC (51% owner of the Pilar property) is gaining market cap at massive speed, CBI is slowly crawling up besides owning 49% of the exact same property. In fact, CBI owns millions of TOC shares, and got and will get good cash (details of the deal below) from Tocvan. Then there is the nice 2% NSR!  Furthermore, while TOC only has this property (or 51% of it), CBI owns many ...more