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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 theCurseon Dec 06, 2023 3:16pm
69 Views
Post# 35771620

RE:CXB short position has increased...Perfect for short squeeze

RE:CXB short position has increased...Perfect for short squeeze
stockwatcher7 wrote:
Short Positions for CXB
Symbol Report Date Volume Change Shares Issued % Float
T : CXB 2023-11-30 10,734,250 1,406,884 463,661,752 2.32
T : CXB 2023-11-15 9,327,366 2,601,103 458,828,290 2.03
T : CXB 2023-10-31 6,726,263 113,319 458,828,290 1.47
T : CXB 2023-10-15 6,612,944 -244,764 458,828,290 1.44
T : CXB 2023-09-30 6,857,708 -210,336 455,573,256 1.51
T : CXB 2023-09-15 7,068,044 351,716 455,573,256 1.55
T : CXB 2023-08-31 6,716,328 -114,162 455,573,256 1.47
T : CXB 2023-08-15 6,830,490 149,960 455,573,256 1.50
T : CXB 2023-07-31 6,680,530 240,991 455,573,256 1.47
T : CXB 2023-07-15 6,439,539 134,595 455,573,256 1.41
T : CXB 2023-06-30 6,304,944 -2,371,120 455,573,256 1.3



don't think so.  my guess is arbitrage for a few pennies.  CBX consistently trading a bit more than MOZ vs the takeover ratio.  Short CBX and buy MOZ. 

why would one short it?  and why has CBX disconnected from the GDXJ?  Shorting CBX would seem to be an really stupid idea right now - unless it is just a bet against gold itself.  Takeover does not go through - they got their cheap PP with MOZ plus cancel fee.  Same if a better offer comes along - unlikely but most likely be extremely welcomed by MOZ shareholders.

tC


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