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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 stockpunter2on Jun 13, 2024 11:16am
122 Views
Post# 36087129

Nicaragua

NicaraguaThe delusional marxist dictator has picked fights with the Catholic Church, the Boy Scouts, Miss Universe.  Cannot get any weirder... oh! wait! .. his brother!   
2 scenarios:
1) increasingly into the arms of CCP (CXB assets sold under duress, an offer they cannot refuse)
2) collapse of Ortega regimen (new government won't respect enabler's leases).
Nasty surprise coming for CXB shareholders, eventually.  This is why CXB management is wisely investing in a country with rule-of-law.  Otherwise, unemployed.  Have fun trading CXB.  I might do a little myself.  But put your retirement money somewhere safer than CXB, just my advice.
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