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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 Jan 05, 2022 2:48pm
157 Views
Post# 34286295

News out in the acquisition

News out in the acquisition

The arrangement to be completed January 12.

How long after do the fiore shareholders receive cxb shares and fiore stop trading? I didn't come across this information. Or does anyone have a guesstimate?

Alot of news has been delayed due to this acquisition. All of the drill results of the different properties were suppose to be released before the end of last year as per the last quarterly results webcast not to mention the results from Rio tinto. I also expect production numbers next week if they don't delay that news to incorporate fiore production numbers.

I know patience is a virtue but this is going to far. How about providing those shareholders with some much overdue news results that overwhelmingly supported management with the acquisition. 

gold has come off it's highs today after the fed minutes but I expect the cpi numbers out of the USA on January 12 to again be at multi decade highs which should give the gold price some momentum.

from all the talking heads I have listen too the majority are in the camp of higher gold prices for 2022. Let's hope this is a receipt for success.

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