Post by
frankie14 on Oct 25, 2021 11:26am
Taken out
Taken out at $1.80, shares trading at $1.56, pretty steep discount. I don't get it. Also cxb down about 8%, the market doesn't seem to like this deal. I suggest staying put. Calibre is a fine company with a few catalysts coming up. Calibre will do well with $1800 gold and if the pog goes up Calibre will do very well. Some people might be wary of investing in Nicaragua, there are worse places. Try building a mine anywhere these days and watch the protests and endless court cases.
Comment by
geezer21 on Oct 25, 2021 1:01pm
I have the feeling the news has not comply filtered through which might explain why it is trading at a discount to the take out of $1.80. Maybe some are just poor at math also.