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Colibri Resource Corp V.CBI

Alternate Symbol(s):  CRUCF

Colibri Resource Corporation is a Canada-based mineral exploration company. The Company is focused on acquiring, exploring, and developing prospective gold and silver properties in Mexico. The Company holds high potential precious metal projects, including Evelyn/Plomo Property, Pilar Property, Diamante Gold & Silver Project and Jackie Gold & Silver Project. The Company holds a 100% interest in the Evelyn/Plomo property (EP), which is located in the Caborca Orogenic Gold Belt and covers an area of approximately 506 hectares (ha). The Company holds 49% ownership of the Pilar Gold & Silver Project, which is located in the State of Sonora, Mexico. Its Diamante Gold & Silver project is located adjacent to the Company’s Mezquite project in eastern Sonora. The Diamante Project covers an area of approximately 1,057 ha in the Sierra Madre-Yecora area. The Jackie Gold & Silver property is located in the State of Sonora, Mexico, which covers an area of approximately 1,113 hectares.


TSXV:CBI - Post by User

Bullboard Posts
Post by stubbson Aug 01, 1997 9:37pm
20 Views
Post# 627275

jeff 69

jeff 69Wow someone else is out there.I noticed there is a forum at SI that appears to have some good input.I've been with the company for about 5 years and have been thru thick and thin.They appear not only having a fantastic story but pretty reasonable management too.I try to stay in touch with them about once a week so I have seen the permits for the permits as I refer to them.I have been steadily buying this stock for the last couple of weeks as I too can't understand the selling.The only reason would be that they still need the final drill permits so some might believe it will take another year.The thing that will make Chesbar stand out as a Jr. gold will be they have all the money needed for drilling in the bank and they have a major BARRICK backing them.They will be drilling in the heart of their last 4 holes which I believed averaged about 5 times Placer or Golden Reserve results.They should start anouncing results about 6-8 weeks from final permits which are expected any day now.I have no doubt that the stock will have great success in the very near future.In comparison to other companies it should trade well over $10.00 within 12 months if results come in as expected.Barrick doesn't go in on small plays so it should be a min several million oz play.Hope I'm right. If you hear anything lets chat as I'm counting on next week for permits.
Bullboard Posts