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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.


TSX:CXB - Post by User

Calibre Mining Corp
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Post by kareadon Apr 13, 2023 9:49am
281 Views
Post# 35392723

Raising expectations

Raising expectationsI notice that Scotiabank has raised their forecast price of gold to average $1,900 USD for 2023.

They applied that to their Calibre forecast and now show expected revenue of $521M USD for the year, with $0.20 a share, or $93M USD in net profit.

Remember, that's with $1,900 gold. At spot prices, you can add another $20M to the bottom line. 
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