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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

Calibre Mining Corp > Gold @ $1,800+
View:
Post by ThoughtsOnThis on May 06, 2021 10:08pm

Gold @ $1,800+

Gold has moved from <$1,700 March 30th to >$1,800 today. What will it take for CXB? I'm thinking that if you own CXB you'll have to close your eyes and wait (hope) that at some point in the next 2-3-4-5 years gold spikes and you will double your money f rom here (say $4-$4.50 a share).

Problem? Gold goes to $2,500 and the rest of your "stuff" goes to (less)...

Insights, opininions, and everything more than wlecomed...
Comment by mangle on May 07, 2021 11:15am
Compared to there peers this stock is extremely undervalued. With the recent increase in gold we should already be sitting at $4.00 in my humble opinion. Just look at the resources they have added in the last year.
Comment by invest234 on May 08, 2021 10:45am
yes cxb is a growth stock in the world of miners. what miner grows reserves by over 200% in a single year? production continues to grow at a fast rate year over year. their processing plants still have free capacity for more ore feed. - high grade Pavon Norte ramping up this year. - Veta Neuva reached commercial production in January 2021 - Panteon underground mine expected to commence ore ...more  
Comment by staz on May 10, 2021 12:23am
Several big houses like Goldman Sachs predicting that PoG will fall about $200/oz by the year end. I ,personally, disagree with them, with all those trillions of $$$ being thrown in circulation. But who knows? Maybe this kind of negative outlook from big names depresses sp of gold miners. It's not only CXB but many others as well, with very good P/E ratios not higher than 10, great reserves ...more  
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