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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

Post by stockmysteron Mar 11, 2021 8:53pm
259 Views
Post# 32782505

WHat is the deal with this company

WHat is the deal with this companyThe stock price is stuck even when gold prices rise. There is no interest here. I can only speculate but I don't think the market is happy with there strategy up until now. They go on and on about spare capacity but why aren't they drilling the sheet out of there properties to fill it? Get some more drills going. Apply for permits to start mining the satellite deposits. What is the hold up here? This stock is only going sideways or down. I sure hope the reserve report shows a dramatic increase or else this stock price will drop again to the $1.30 level. This company has lost half is't value after hitting it's all time high. What gives? Terrible performance lately. I am loosing hope.
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