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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, exploring, and developing prospective gold and silver properties in Mexico. The Company holds high potential precious metal projects, including Evelyn/Plomo Property, Pilar Property, Diamante Gold & Silver Project and Jackie Gold & Silver Project. The Company holds a 100% interest in the Evelyn/Plomo property (EP), which is located in the Caborca Orogenic Gold Belt and covers an area of approximately 506 hectares (ha). The Company holds 49% ownership of the Pilar Gold & Silver Project, which is located in the State of Sonora, Mexico. Its Diamante Gold & Silver project is located adjacent to the Company’s Mezquite project in eastern Sonora. The Diamante Project covers an area of approximately 1,057 ha in the Sierra Madre-Yecora area. The Jackie Gold & Silver property is located in the State of Sonora, Mexico, which covers an area of approximately 1,113 hectares.


TSXV:CBI - Post by User

Bullboard Posts
Post by Eugene357on Apr 01, 2020 1:08am
219 Views
Post# 30867096

Paper Gold Dilemma

Paper Gold DilemmaYou can't trust the 'Paper Gold' market. It is controlled by expert manipulation as is the quoted price! The true gold price is determined by supply and demand of the metal itself in whatever quantities available. I understand that minted gold coins are no longer readily available and that there is a large back-order. They are now quoted at $1800. oz. Whether it be coins or bars, think what the price of gold will escalate to when people start panicking. They are going to find out fast that they will be placed on a long waiting list because of the lack of supply, and that their 'Paper Gold' investment will eventually be considered worthless until they have the 'Real Thing'  to
back it up.

I will stick to 'Real Gold' whether above or below ground, and with companies that are earnestly exploring high potential properties and proving it through proper drilling programs. Go for it, CBI!  

Bullboard Posts