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Calibre Mining Corp CXBMF


Primary Symbol: T.CXB

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 Aug 09, 2024 2:02pm
139 Views
Post# 36171806

Political situation

Political situationhttps://apnews.com/article/diplomatic-crisis-brazil-nicaragua-8fbe0e4cc82fa042ab8121b21c9e3ff3

As Nicaragua pivots away from even leftist Brazil, they consistently turn towards China, Russia, Belarus etc.  Nicaragua could become a North Korea-like state, dependent on China and useful for CCP purposes.   Along the way, assets, including mineral assets, will be resold to the highest bidder.  
CXB doesn't own the gold in Nicaragua, just like the pumpers don't own this board.  Feel free to put me on ignore, but no peeking- that is just plain silly!
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