Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 stockpunter2on Dec 11, 2024 3:31pm
82 Views
Post# 36357362

Nicaragua

NicaraguaObviously paid CXB employees in Nicaragua are better off than unemployed Nicaraguans.  No one wishes Nicaraguans to lose their livelihood.  We all wish them the best.   The facts remain: the Ortega regime is an unacceptable police state that has a very bad record in human rights and it will not last much longer.  Small police states rely on the support of bigger ones ( as well as grants and loans from Liberal West- that has dried up).  China has so far been generous with Nicaragua, but this may not last.  Look at Cuba.  For many years, Russia propped up Cuba.  Not so much these days.  China has tried to help Cuba more recently, but I have read that they are exasperated by the inability of Cubans to adapt their ideology to the modern world. So, lights out, literally.   How is that working out for Sherritt share holders?  For now, China remains a supporter of Ortega, but that could change very fast (look at Russian support of Assad in Syria-it all fell apart over a couple weeks).  What does China want?  Gold?  I hear they are interested, so maybe transfer CXB assets to China?  What would stop that?  The law?  What law?  Finally, how does USA feel about China gaining a foothold in Central America? What will DJT do after Jan 20th?  Is CXB worth the risk?  Look at CXB vs OLA.    CXB chart would look like OLAs if it didn't have such enormous political risk.  As I have said before, CXB has awesome management, with great execution and assets.  They get mostly good news releases.  Why hasn't share price been stellar?
<< Previous
Bullboard Posts
Next >>