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
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.....