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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 kcac1on Aug 26, 2024 10:10am
75 Views
Post# 36195935

RE:Oct 22

RE:Oct 22What's your incentive to be constantly bashing this stock?  Buying at the late 2022 low was a perfect time to have bought this stock or any Nicaraguan mining stock due to the nothing burger sanctions that only applied to one government mining official personally and had no effect on the mining industry. Luckily, some of us thought it was oversold and loaded up and had a quick double. Have you ever owned stock in this company or are you just wasting your time babbling about a company in which you have no intere$t?.  

With the track record of this management team, of building and selling, it would not suprise me to see them sell their Nicaraguan assets to the Chinese, who have almost no country risk doing business there. And surely the main reason they have added mines in the US and Canada is to lower country risk, but much of the country risk if offset on how quickly you can get a mine permitted in Nicaragua.

Or maybe they just sell the entire company for big  $$$ as their past record shows they have done several time in the past, and after they get Valentine into production and reach their goal of 500k oz/yr.

Nice looking chart by the way!


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