Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 MVargason Jul 03, 2024 7:58pm
112 Views
Post# 36117373

RE:DAVE KRANZLER

RE:DAVE KRANZLERAnother example is this article by Adam Hamilton posted to Mining.com. 

https://www.mining.com/web/gold-miners-record-quarter/

The article isn't Calibre specific, but he is unquestionably talking about CXB when he says in the article:


one of our new trades illustrates the incredible gold-stock bargains out there. This gold miner is projecting about 288k ounces of output this year, near $1,325 AISCs. But it is building a new flagship mine going live in Q2’25.

That is forecast to add another 195k ounces of annual production, around much-more-profitable $1,007 AISCs that will drag down overall company-wide ones. This is huge coming growth, catapulting this gold miner well into mid-tier-dom producing around 500k ounces annually! Since late January alone, this stock has already rocketed up 91% at best, and is still 48% higher midweek. We rode a good chunk of that surge.

We were last stopped out of this stock in early June at nice 55% realized gains, and have been waiting to reload it. With a sterling profile like that, you’d think this fundamentally-superior gold miner has to be trading at 30x+ earnings. Yet the kicker is its trailing-twelve-month price-to-earnings ratio this week is merely 9.9x! That’s an epic bargain, dirt-cheap by any stock-market measure.

<< Previous
Bullboard Posts
Next >>