RE:RE:INSIDER TRADINGdpfor3 wrote: It was insiders excercising rights and selling some of those shares to pay the taxes. Doug Forester is so rich, he didn't have to sell any stock to pay taxes - looks like he was buying a bit in the open market as well today.
Insiders are also under blackout periods while financial statements are being prepared, or other material events are in process.
As you pointed out, exercising of options and rights have to be paid for, and not everyone has the cash available. The individuals who did sell some shares after exercisng rights / options have still increased the actual common shares held.
With a base price of US$1700 gold Calbre would still be looking at a build in cash balance by YE 2021 in excess of US$110 million.
Calibre MIning still has a couple of items to announce to the shareholders by end of Q1. The Pavon Project Pre-Feasibility Study and the updated Reserve and Resource calculations are both scheduled for release within 1st Quarter ... and early in Q2 the company is expected to announce the exploration plans with Rio Tinto on the Borosi Project and a further update on drilling ......
CXB is an exceptional value buy at current share price .... for a producer with 2021 guidance of 170,000 -180,000 ounce gold production, with no debt, and AISC around $1045/oz for full year 2020.
GLTA !