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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

Post by Bentouttashapeon Nov 08, 2023 11:00am
144 Views
Post# 35723641

Square this Circle.

Square this Circle.I get all the hype and excitement, but ask yourselves HOW IN THE WORLD CAN THIS STOCK BE SO LOW. 

For Consideration:
CXB is producing or will produce 100,000 oz of gold above 2021 production. 
AISC and TCC are for all intents and purposes the same. 
And the Calibre Stock price is for all intents and purposes the same. 
Has 20mm more in cash on hand. 

So how can a Stock producing 100,000 oz of gold per year, or if you prefer and additional $190,000,000 at $1900 oz, be at the same stock price? It defys logic.

What or Who is holding this stock price down, because it is definitely happening, and if you don't think it is, look at CXB SP history?

Is it perhaps B2 Gold, which owns 30% of the company? I don't know, but something sure in the hell is up with this stock. 

I would not be so quick to give praise to this current management. Their job is to get fair share value to their shareholders and promote this stock and do what it takes to get there, but i don't see any of that happening.


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