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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 Bentouttashapeon Oct 23, 2023 12:46pm
66 Views
Post# 35696548

RE:CXB Relative to $Gold and GDX

RE:CXB Relative to $Gold and GDX@geezer.

First of all i appreciate you have posted something about Calibre directly, but Geezer, here is why i know you are a paid pumper for the stock. This is why your posts cannot be trusted. Your information is Cherry picked in small sample sizes, and adds a global situation such as the Israeli/Hamas War to somehow show that Calibre is flying high and out performing gold. You take the last 10 trading sessions and relate this rise in stock price to the Israeli/Hamas War. 

This is 100% fake news. The average price of Calibre mining for over 100 trading sessions from April to August was higher than the Stock Price today and no Israeli/Hamas war in that time period. I think this is a much broader sample size.  

Picking out the lowest point of Stock price in the past year, and comparing it to Specific points over time is completely disingenuous to Calibre shareholders. Making a statement that Calibre has increased over 183% over the last year, although that is what the numbers will show, gives a false narrative of the true value of this stock. 

I could likewise pick out numbers when this stock was well over $2.25 and then fell to .52, a drop of nearly 400%. Is this a fair narrative of this stock, NO. 

I think we would both agree this stock is under performing over a longer period of time and especially since purchase of Fiore. 

Here is a stock that has had countless "positive" news releases of new gold discoveries, added releases of ounces of gold produced. Positive reports of THe Cash register going ka-ching, ka-ching every day adding to Cash on hand. And i venture to say this quarter will add another $20 mil. 

So what is it that has this stock under performing? What is holding it back? In all reality, a stock such as this that is a money printing machine should realistically be in the $3-$5.00 range. 

I am into this stock for the long haul, as i believe it is one of the best juniors out there if not the best, but it is completely frustrating to see this stock stuck in neutral, quarter after quarter after quarter especially with all the "positive" releases. I still think there is some greater force behind this stock. At what point does it pop. Does it need $200 mil, $300 mil in the bank.  Does it need to produce 400k or 500k ounces of gold. 

Perplexing for sure. 
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