Newsletter, Calibre mentioned Hey guys,
I came across this newsletter from 2011 when i searched "Is there gold in Nicaragua? Calibre is mentioned in this portion below.
" Nicaragua, a treasure chest of gold…
We are now in the early years of the 21st century, and finally, the importance of deep concentrations of gold in Nicaragua is reaching critical mass. It was only a few short years ago when Nicaragua listed its chief exports (in order of importance): coffee, shrimp, lobster, cotton, tobacco, beef, sugar, bananas; and dead last: gold.
Thanks to a mining-friendly environment established by the Nicaraguan government; and the strides made by responsible Canadian mining companies, gold has moved from last place tofourth! As to current estimates indicating Nicaragua has 3.8 million ounces of gold and 4.9 ounces of silver available for exploitation; those estimates are so incredibly light that they border on the absurd.
I can only recommend; but I strongly recommend investors enter the due diligence process as the first step before investing in Canadian junior mining companies working in Nicaragua. There is little to be gained by participating in a narrative action through mere dialogue and gesture, without obtaining hard fact and market data. My own conclusions are that Nicaragua offers much in the way of value for the serious investor.
Companies worth your due diligence efforts; Golden Reign Resources (TSX.V: GRR), B2 Gold Corp. (TSX.V: BTO)and Calibre Mining Corp. (TSX.V: CXB).
Larry Myles
Larry Myles Reports
604-408-7600
1-877-405-7600"
The full newsletter is at https://www.larrymylesreports.com/Feb2011_Special%20Report.htm
It is a very interesting read.
I first got in to Calibre @ .60, averaged down and here we are at .23 cents and an average price of .29. 100,000 shares later and I truly believe that I am going to sell these shares for $1. I obviously do not know when this will happen, but I believe when it does it will move to that point very quickly.
all of this obviously not market moving news, but wanted to pass on this interesting read.