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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 Jul 15, 1998 8:12pm
7 Views
Post# 744288

THEPRO,Niceguy and all

THEPRO,Niceguy and allI talked to Steve in great detail about the 300,000oz that he commented on. He said that he wasn't agreeing on the number but if those variables were used then the calculation could be correct. However he said that he would not agree with that number(3000,000oz) as CBI and Barrick don’t have the data to provide the correct variables. I also talked about the Barrick deadline and he told me there is no deadline to a major company that is providing the money for work to be done(another words Barrick will buck up when they are good and ready and comfortable).I told him that CBI said to the shareholders(documented) that there was a deadline and if it is floating then they should inform all shareholders of this change. I don’t know if they will take my advice as it has already passed but I believe it would settle down the investor jitters. You talk about the company with no promo after talking with Steve he couldn’t be any less promo .This is somewhat frustrating but in the long run straight shooting is the winning ticket. Terry has gone to Guatemala and it appears something is brewing but again cant confirm as they talk when there is something to say( but I had a good feeling).Again I can only pass on that they are extremely confident Barrick is in and this could be anytime.Since Terry is away I’ll wait for his return to setup a visit.I decided to go to our cabin for a couple weeks starting Friday morn.Again if you have specific queations for CBI send e-mail. Stubbs PS if it is in the .95 range count me in for some more.
Bullboard Posts