RE:RE:Relax rdgeo44
.... How much did the change in management affect the price & if it did, why? the new CEO appears to have lots of experience & is highly thought of in the business.....
Agreed,
The "new" CEO, Darren Hall, has been hands on operator in Nicaraugua since day one for Calibre Mining .... as Bailey mentioned, hopefully Russel Ball didn't step down due to health reasons.
If you're not familiar with Darren Hall .... he's front and centre in the corporate video that was produced in December 2019 :
https://www.calibremining.com/investors/corporate-video/ And Teckwizard101 ..... good call .... a few days ago ....
https://stockhouse.com/companies/bullboard/t.cxb/calibre-mining-corp?postid=32623565 I added another 10,000 shares of CXB to the collection this morning. That'll be it for me.
The company indicated in yesterday's news flow that there would be a signifciant increase in reserves and rsources by the end of Q1 2021.
Trailing PE ratio now below 8:1 based on last year's production levels.... and the company is projecting 170,000 - 180,000 oz of gold production this year, a 30% increase over last year. Far out weighs the drop in year over year revenues considering today's gold price ...
Sooner or later, the fiasco in the paper contracts with the precious metals from the NY banksters and CRIMEX will collapse ... physical will rule the day .... but who knows when ?
A recent interesting podcast interview with Ed Steer, well worth listening to ...
https://www.youtube.com/watch?v=wtxr_yXDXTo GLTA !