Calibre Mining Corp T.CXB

Alternate Symbol(s): CXBMF

Metals & Mining Gold

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.

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Calibre Mining Corp

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Post by Singoa58on Aug 31, 2024 12:35pm

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Post# 36204051

Seekingslpha top analyst/writer … miners going down

Michael James McDonald

Summary

We initially recommended a 100% gold allocation, then reduced it to 70% in April, and now suggest 50% due to our sentiment indicators forecasting an intermediate term correction.
Gold has reached our $2,450 price target, and technical indicators suggest the current two-year rally is fully extended.
Excessive "call" versus "put" buying in GLD, and high optimism among gold advisors, indicate a peak, supporting our intermediate-term correction outlook.

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