Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Tadon Sep 30, 2023 1:01pm
129 Views
Post# 35663306

End of Q3 today......

End of Q3 today......
...... Should be an update of production ounces for third quarter issued in about 10 business day.

Should be pretty close to the same production as the stellar 2cd quarter results.

https://www.calibremining.com/news/calibre-reports-robust-q2-free-cash-flow-a-third-5790/


Should break over US$100 million cash balance as of Seot 30 2023. Calibre reported realized gold price of US1974 per ounce in Q2, ..... looks like average Q3 gold price is slightly lower around US$1940-$1950 range.

An announcement of a modest one time dividend would be nice to see. Say $0.05 per share, would cost the company about US$22 million. Then again, a mill upgrade in Nevada to increase production there, or some deal with the neaby neighbour in Washington State for potential Golden Eagle production in the future .... company is still a cash generating machine.


GLTA !


<< Previous
Bullboard Posts
Next >>