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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 > Still on the tsx top volume list
View:
Post by Stratocheif on Feb 15, 2022 9:45pm

Still on the tsx top volume list

Why is this stock trading at such high volumes with no increase (or decrease) in price? Unsettling. Why are so many happy be out at this price. Do they know something all the buyers don't?
Comment by demaule on Feb 16, 2022 4:57pm
Hi Strato...I am in CXB only because I was in Fiore. The two things I liked about Fiore were that they were actually producing gold and had a 5 to 1 p/e ratio (that's one thing) and the second thing was the relatively safe jurisdiction. The first condition is satisfied by Calibre but the second is questionable. At first I thought I would wait until the Fiore purchase was complete, harvest my ...more  
Comment by Stratocheif on Feb 16, 2022 5:47pm
Thanks for the info. Makes sense...could be Fiore shareholders selling as they didn't buy into geopolitical risk in the beginning. Also, it could also be some major holder who is slowly unloading a big position because they have something else in mind. Don't know but I'm holding...seems like a bargain at this price. My biggest position is in GCM / ARIS. Very undervalued with a lineup ...more  
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