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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 stockpunter2on Aug 19, 2024 6:26pm
80 Views
Post# 36186848

RE:Gold mining in Nicaragua

RE:Gold mining in NicaraguaI agree.  'Supportive' mining environment.  Together with talented management and high quality assets, CXB stands to make a ton of money with nice SP appreciation.  However, keep in mind that the government "support" is by fiat.  At the whim of Ortega, or in response to external developments, the environment can change overnight.  Also, rather than signing on to all the pumper doctrine on this board, pick a couple of benchmarks for comparison: POG, ABX, FNV.  Unless CXB significantly out-performs these, maybe it is not worth the risk?
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