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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

Post by geezer21on Nov 05, 2024 5:10am
77 Views
Post# 36296503

Bank of International Settlement Kills M-Bridge

Bank of International Settlement Kills M-Bridge
The Global South (BRICs et al) move to dedollarize to get out from under U.S. sanctions was looking to utilize the M-Bridge payment system as an alternative to the SWIFT payment system that is used to lock countries out of favour with the U.S. out of international trade.

M-Bridge was being developed in coordination with the Bank of International Settlement but they have now pulled the plug on the system giving the Global South ever more reason to distrust the west.

This is a recent event several days ago that has had very little attention but is a significant turn of events. Andy Schectman discusses this at the 59:45 minute mark in the following interview. 

https://www.youtube.com/watch?v=ZZ91bCzkg4M

Until this transfer technology is taken independent of the West the collective South has this additional incentive to look to gold and commodities to back transactons.
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