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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 Oct 30, 2024 12:45pm
59 Views
Post# 36288986

RE:RE:RE:Gold

RE:RE:RE:Gold
The price of gold was elevated throughout Q3 which will offset the one time weak Q3 production.   The Q3 finiancial report will be just fine.

With operating corrections being made in Q4 to bring production back in line and the sharp rise in the price of gold through October, the Q4 financial report will come in strong.

The shallow pull back in the share price resulting from the Q3  report and with the share price stabalizing and leveling off a little below 2.60 indicates market participants recognize this as opportunity to accumulate ahead of Q4 financial report and Valentine production coming on line in Q2 2025.


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