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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 Inthepegon Dec 11, 2023 3:01pm
179 Views
Post# 35778427

RE:RE:CXB share price

RE:RE:CXB share priceMOZ should be worth at least 4  times per oz what CXB is offering .

Manson has repeatedly arraged bought deal financing that strongly favor his group of institutional investors at the expense of existing retail investors. 

This sale has no fixed price & Manson sold 66.6 million shares to CXB at .60 share 2 days after the offer was made public.

CXB shares should have increased in value acquiring a Canadian asset like MOZ that will be pouring gold in a little over a year.

CXB appears to be a decent producer with good cash flow. 

The only reason for the share price decline that I can think of is market distrust of Manson.  Until he is gone price will not rebound.
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