Calibre Mining Corp T.CXB

Alternate Symbol(s): CXBMF

Metals & Mining Gold

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.

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Calibre Mining Corp > What the Heck is going on?????

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Comment by edxon Jul 23, 2021 5:21pm

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Post# 33597556

RE:RE:RE:What the Heck is going on?????

I just look at the one year chart of the GDXJ and it explains everything. The index is at 52 week lows. Caliber just needs to keep doing their thing, throwing off plenty of earnings and free cash flow relative to the market cap and will eventually get rerated. Gold should be much higher than it is given Treasury yields and could see a strong move upwards to catch up to yields. Market makers love forcing everyone to capitulate before reversion to the trend.

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