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Bullboard - Stock Discussion Forum 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... see more

TSX:CXB - Post Discussion

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Post by dpfor3 on Dec 15, 2020 3:51pm

Games

Lots of games played with this stock. Annoying, but has given me several opportunities to increase my holdings.
Comment by rdgeo44 on Dec 15, 2020 6:18pm
Do you have any explanation for these "games". Seems to me to be a very solid company, good management with extraordinary holdings. Why do they, or us need "games"?
Comment by dpfor3 on Dec 15, 2020 6:41pm
From what I've seen, it's large investors dumping into thin bids to drive the price down and accumulate.  There was a lot of that going on when the stock was in the 1.70-1.90 range and I'm seeing it again today at different points.  Eventually once they have accumulated what they need, they'll let the price rise.   You are right though, great company with tons of ...more  
Comment by goldstd69 on Dec 15, 2020 6:45pm
agree thin rigging trades to buy the stock cheap hoping for panic selling to drop the stock through support levels....amazing these people get away with this stuff but someone wants the stock bad enough to try the sell stop games....I bought more today...agree we are cheap here
Comment by rdgeo44 on Dec 16, 2020 11:59am
Thks everyone for your response to my question. It is a real shame that the people paid to make sure trading rules are followed, seem to let us down all the time. It would be nice if we "small time investore"felt protected. Hopefully we will see Calibre reach its' potental. Have a good day & stay safe, wash your hands & do something nice for someone. ....rdgeo
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