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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 > Endless amount of selling
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Post by stockmyster on Feb 18, 2022 12:21pm

Endless amount of selling

It doesn't make sense. I think someone posted on here that since the acquisition nearly 100 million shares have been sold. That should have taken care of all those dissatisfied fiore shareholders who didn't want exposure to Nicaragua.

What also doesn't make sense is the share price. Here we are close to 1900 gold and we are sitting at $1.30.

The should get a re-rating if anything.  

Gold is down 5 bucks today and we are down 5 cents. How does that happen? Nothing makes sense. I will be listening to the conference call next week for some insight.

glta and congrats to those that got in under the current share price this past few weeks.

Tad did they post that information on which institutional investors  bought/sold? If you could post that into please.

Comment by allibabba on Feb 18, 2022 7:56pm
Keep in mind that the last iiroc short report showed 8 million open short positions.  The rise in the price of gold threw a curve ball in their covering plan so they've been working very hard to cover....or so I hope.
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