RE:RE:RE:ResultsBentouttashape wrote: I beg to disagree. This is about results. I've been and am a caliber share holder fora long time and results in
2022 have not good in relation to the recent purchase of Nevada which is a drain on the over all share price, at least in the short term. AISC in Nevada are 1500.00 oz!!! Say What!!! Selling gold at 1700.00 to 1800.00 an oz for the 30,000 oz Nevada has produced is leaving little profit. If any. And now we are
dividing whatever profit caliber is making by an additional 110 million shares that Nevada added in the purchase. At this point Calibre has not shown this shareholder that Nevada is a good addition. Whatever
will happen in Nicaragua would of happened without Nevada. That is why I say Nevada is a Drain on Caliber IMHO.
That's a fair position but your are looking at Nevada acquisition as a production play. It was more of a jurisdiction and exploration potential play. I like the Nevada acquisition personally. Gold Rock is over 50% higher grade than what is in reserves at Pan. That's not counting the clear exploration upside we are seeing at both Pan and Gold Rock with multi gram per ton intercepts at dozens of meters widths. The eventual reserve grade at both of these mines has enormous potential to increase which will have a major impacts to AISC down the road. If you expected share price results in 2022, then your mistake wasn't investing in Calibre, your mistake was investing in anything except the USD or being net short in a hedged portfolio. The company cannot control the price action of gold, overall markets or politicians looking to score easy points. They can control operational outcomes and on that front they've delivered. On acquisitions that will increase shareholder value over the long term, IMO they have also delivered.