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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 geezer21on Dec 28, 2022 4:19am
132 Views
Post# 35193116

RE:RE:RE:Do not forget- gold will not go up 2 days in a row

RE:RE:RE:Do not forget- gold will not go up 2 days in a row
"...I must reconcile that with  with my persistent obstination on what just seems to be the case...."

There is good reason to be pesimistic.  Gold manipulation is real.  Where once claims of manipulation were call "conspiracy" they have been proven to be true in court and banks have had to pay fines.

The manipulation appears to be weakening since Basel 3 and the United States weaponization of its reserve currency domination to confiscate other countries reserve currencies and block their international trade by barring them from SWIFT.

As a result, countries are shifting away from the dollar and amassing gold.  Countries are pivoting away from the west and forging new aliances lead by Russia and China.  Central banks are also amassing gold.

Demand in physical gold is having more influence in price discovery of gold and reducing the influence of manipulation occurring in the over leveraged paper gold in the COMEX and London gold market.

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