Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Tadon Mar 16, 2021 12:29pm
218 Views
Post# 32808026

RE:Sell on the news I guess

RE:Sell on the news I guessstockmyster,

I don't understand why you feel that the company has been "slow" . For a mining company in Central America, Calibre is moving very quickly on improving production numbers, and implementing their hub and spoke plan.  

Calibre Mining only completed the transaction to take control of the El Limon and La Libertad Assets on October 15, 2019.  That was only 17 months ago. .....

Today they announced the addition of 47,000 ounces of annual production with an AISC of US$711 ..... for at least the next 4 years ..... with very good potential to increase those numbers.

In 2020 the company had 16 drill rigs operating at various project. When I last spoke with Ryan King a few weeks ago, the company was planning on having 14 drill rigs turning by the end of Q1. 

The company wil be be making an announcement in the next few weeks about the Rio Tinto JV regarding exploration plans. Hopefully we'll hear something about the Panteon Project in the coming weeks as well. 

All is progressing very nicely and in very good time ... for a mining company.  


GLTA ! 
<< Previous
Bullboard Posts
Next >>