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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

Comment by Tadon Oct 26, 2021 1:59pm
158 Views
Post# 34051262

RE:RE:RE:RE:Good deal today.......

RE:RE:RE:RE:Good deal today.......stockmyster,


You could "skim" a dime of cash per share off of this deal at present time swapping into Fiore shares,  considering the share price of Fiore is more or less mirroring Calibre's. Basically a one for one (0.994) share swap with a $0.10 cash bonus ... if you are so inclined.... and you'll get all your Calibre shares back when the deal is accepted by shareholders of both parties.

another 50k oz production immediately added to the profile, with another 50k oz per annum potential within 2 years with the Fiore acquisition and by that time, production from Eastern Borosi with its high grade ore could very well be online in Nicaragua. Company's stated goal is to achieve 500,000 ounce production as a mid tier miner .....  I would not be surprised to see another acquisition in the next year, ..... perhaps ...... when considering the combined company will have well over C$100 million cash in treasury to start the new year.



And Raymond James appears to disagree with you regarding the deal .....




"Calibre Mining Corp Is Maintained at Strong Buy by Raymond James

 Ratings actions from Baystreet: https://www.baystreet.ca

(END) Dow Jones Newswires

October 26, 2021 12:07 ET (16:07 GMT)
 

Calibre Mining Corp Price Target Is Maintained at C$2.50/Share by Raymond James

 Ratings actions from Baystreet: https://www.baystreet.ca

(END) Dow Jones Newswires

October 26, 2021 12:07 ET (16:07 GMT)



GLTA !

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