Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > What the Heck is going on?????
View:
Post by rdgeo44 on Jul 23, 2021 10:35am

What the Heck is going on?????

Good morning Calibre investors. Is there anyone out there that has a clue to why the share price keeps going down? We continue to get positive news from the company but all it seems to do is depress the share value. As a neophyte investor I really don't understand what's happening, will someone please enlighten me. I realise that no-one knows for sure but I would appreciate any input. Thanks & have great weekend.....Remember the words of Vaclav Navel (1936-) "Hope is definately not the same thing as optimism. It is not the conviction that something will turnout well, but the certainty that something makes sense, regardless of how it turns out".
Comment by ThoughtsOnThis on Jul 23, 2021 11:50am
Nothing but good news for the past year. Constant buy ratings. Constant price targets $3-$4.00 and yet CXB is down 10% from July 2020. It's at times like these when I aske myself "Am I stupid or something?"...
Comment by bailey2 on Jul 23, 2021 4:00pm
The Nicaragua election. Pretty much a good excuse as any for pro shorters etc to cause havic on the share price. Ortega, is still Ortega . Trouble is, we have to wait for Nov 7 for the outcome. Which will be Ortega, .......and nothing will change in Nicaragua.. Caliber will still produce gold, and make a lot of money. Maybe Rio Tinto will release a few good drill results to turn the tide.glta
Comment by edx on Jul 23, 2021 5:21pm
I just look at the one year chart of the GDXJ and it explains everything. The index is at 52 week lows. Caliber just needs to keep doing their thing, throwing off plenty of earnings and free cash flow relative to the market cap and will eventually get rerated. Gold should be much higher than it is given Treasury yields and could see a strong move upwards to catch up to yields. Market makers love ...more  
Comment by ThoughtsOnThis on Jul 24, 2021 10:26am
GOLD July 23, 2020 = $1,885 CXB July 23, 2020 = $1.71 GOLD July 23, 2021 = $1,800 CXB July 23, 2021 = $1.57 With all of the "good news" you simply have to wonder about CXB. GOLD down 4% and CXB down 8%. Starting to think that this "Gold Thing" could take many, many, years. All the while invested capital goes nowhere.....
Comment by rdgeo44 on Jul 24, 2021 10:37am
Thanks to all the posters that responded to my post. I don't know if it makes me feel better but at least no one seems too worried about our investment in Calibre. However, with that in mind, shouldn't management be offering us a few incentives to stay with the company, not sure what they could do, but with all that cash, maybe a dividend would help. The political instability has been with ...more  
Comment by habsguy on Jul 24, 2021 12:12pm
44...I was ckeckin my holdings and short lists this am. Looked at the weekly and monthly shots....all the same...down. Its the summer time blues phase. This is prime pik up time....as one waits for a sept. up tic. Easy coin imo....this company has the cash ...cash flow to turn the drills to create good ground to feed the under capped mill. Pretty good formula....check out the weekly and monthly on ...more  
Comment by ThoughtsOnThis on Jul 24, 2021 8:12pm
CXB = All good except the SP. So it's show (me / us) time. I'm thinking that the timing on CXB will be extended, and meaningfully (read mid-late 2022) before the SP is > $3.00 I am a CXB proponent for all of the "good reasons" that there are. But holding 10,000 @ $2 is not exactly comforting at this moment. I hesitate to average down at all... Hoping we're all not caught ...more