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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
Comment by stubbson Aug 07, 1998 3:09pm
6 Views
Post# 752507

RE: It was Sinbob

RE: It was SinbobFirst it is a fact that my guys sold CBI to cover their ass and secondly (not intending for argument)when you have a margin call of say $20,000 and your margin stock (hhl.a)just got knocked in half which would you sell.Before answering when you sell the margin stock remember you only get half the total funds sold that go against your debit.So selling Aprox. 25000 shares of CBI all funds go to debit.selling 10000 shares of HHL.A the total funds are $40,000.00 but only 20,000.00 go to the bottom line.I hope this makes sense and anyone who plays margins should understand what I'm saying.Still dont know what my buddy(last margin problem that I know) is going to do but if you see a cross from Yorkon it will hopefully be me buying his shares(if my line of credit comes in on time).I also expect 50-100k of buying if HHL.A rebounds soon.Everything I hear still points to Barrick continuing and if you feel the same take advantage now. Stubbs
Bullboard Posts