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Calibre Mining Corp T.CXB

Alternate Symbol(s):  CXBMF

Calibre Mining Corp. is a Canadian mid-tier gold producer. The Company has a pipeline of development and exploration opportunities across Newfoundland and Labrador in Canada, Nevada and Washington in the United States, and Nicaragua. It owns several operational open-pit and underground mines, two milling facilities (the El Limon and La Libertad mines), and a portfolio of exploration and development opportunities in Nicaragua, Central America. In addition to its mining operations in Nicaragua, it also engaged in the exploration and development of several concessions at its 100%-owned Eastern Borosi Gold-Silver Project (EBP), which includes the Eastern Borosi Mines (EBM). It holds a 100% interest in Fiore’s Pan Mine, a producing heap leach gold operation. It owns the adjacent advanced-stage Gold Rock Project and, the past producing Illipah Gold Project in Nevada, as well as the Golden Eagle project. It also owns the advanced-stage Valentine Gold Project in Newfoundland and Labrador.


TSX:CXB - Post by User

Bullboard Posts
Comment by Toweringmarson Jan 06, 2020 10:40am
129 Views
Post# 30521784

RE:Corporate appointments-out today

RE:Corporate appointments-out today

Looks good to me, B2Gold appointments are always a good thing as a major shareholder they'll want the best return on their investments. Those two operating mines have to be worth much more than when we purchased them considering gold has gone up almost $100.00. Thats roughly 1/15th which translates to a 15million dollar increase for deal. Not even considering the improvement in economic viability. This whole Trump Iran thing is making for a great boost to the gold miners from the futures contracts. Would be nice if they had a bunch stockpiled to sell into the high futures contracts but thats neither here nor there.

All that to say that I think Calibre gets a massive boost from this and a nice push in becoming a mid-teir producer. 

Bullboard Posts