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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 geezer21on Sep 01, 2024 9:11pm
89 Views
Post# 36204939

RE:RE:Blue Pill or Red Pill?

RE:RE:Blue Pill or Red Pill?
Capitalism and Socialism came from opposite ends of political economic ideas.  They both had benefits and failinga.  Over the last 200 years or so they have both made advancement and are marching toward each other to meet at the middle.

Capitalism thrives in socialist run countries now and socialism exists in capitalist countries. Developed countries like Canada, the United States,and Europe are social democracies.

The following Wikipedia articles detail the advancements capitalism and socialism have made.

https://en.wikipedia.org/wiki/History_of_capitalism
https://en.wikipedia.org/wiki/History_of_socialism

For example China has become a modern industrialized nation second only to the United States in GDP.  Russia is highly developed country now in 9th place of GDP.

https://www.worldometers.info/gdp/gdp-by-country/

Prior to the 1905 Russian Marxist revolution Russia was still a backward nation of agrarian serfs. In 119 years Russia has advanced under socialism to where they are now.

Maybe just maybe the dumb humans will get over the ideological fighting to get it all working together for the benefit of everyone on the face of the earth. Maybe they will eventually gets smart enough to take the borders down.  Europe did but only after it took two world wars and the killing of an estimated 97,000,000 to 120,000,000 people and the total destruction of cities.

https://en.wikipedia.org/wiki/List_of_wars_by_death_toll

Maybe the humans well get smart enough to build the Bering Straight crossing with high speed rail to take fuel guzzling jets out of the skies and join the two global hemispheres to do for global unity what trans national rail building did for nations around the world durning the industrial revolution that saw the uniting of territories across North America, Europe, Russia, China, India, and Africa.

What does this mean for political risk for Calibre in Nicaragua?

In the context of a historical merging of socialism and capitalism and recent events since the end of WWII the United Sates has lost its ability to directly militarily intervene in other countries as it did in Vietnam, Iraq, Syria, Libya, and Afaganistan all of which they lost along with popular support within the United States and without. To further their failing geopolitical ambitions the Unitied States has resorted to funding NGOs and domestic anti-government sentiments for regime change as they did in the 2014 Madain coup in the Ukraine that eventually brought in comic Volodymyr Zelensky. 

https://www.cato.org/commentary/washington-helped-trigger-ukraine-war

Zelensky following the directives of the neo-Nazi elements in the Ukrainan government has shut down the press, opposition parties, churches, and elections. The United States has supported this dictator but is rapidly losing the support of Europe and Americans.  US sanctions against Russia have backfired.  They have driven Global South nations closer together and fostering Eurasian unification the United States fears.

The Global South (BRIC) nations have not condemmed Russia and have sought resolution to the conflict.

The landscape is changing for the United States ambitions at global domination.  The information revolution has made the world more informed of global events.  As time progress the United States is becoming more isolated internationally and is now turning to economic protectionism.

With this changing dynamic Calibre and Nicaragua have little to fear of the United Stated attempting to directly invade again and lacking friends in Central America the U.S. has no proxies avaiable to use against Nicaragua and Ortega has eliminiated foreign NGO fermenting internal descent. While not very democratic a prudent move to ensure the stability of fledgeling economic advancement the country has been making.

https://www.worldbank.org/en/country/nicaragua/overview

Calibre is making a significant contribution to the advancement of the well being of Nicaraguans with wide spread domestic support as a result of their contribution support of local communities, the environment, contributions to the training and education of Nicaraguans.





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