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.

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Calibre Mining Corp > Russia Takes Gold For Oil/\Deposits Flee Banks

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Comment by geezer21on Sep 13, 2023 5:26pm

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Post# 35634820

RE:RE:RE:Russia Takes Gold For Oil/\Deposits Flee Banks

You can measure the USD against a basket of other major currencies - the USD index - but the best way to tell USD's true value is to look at how many more dollars it cost now to buy the same amount of goods.

It now takes $1,930 to buy an ounce of gold. 40 years ago about $400 would buy an ounce of gold.

https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

Similarily with all other tangible assets, the USD has depreciated.

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