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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 > What Gives
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Post by SkyeCairns on Apr 12, 2022 3:44pm

What Gives

Over the last week or so theres been LARGE sellers of CXB.  As I write there's 160k @ 1.56, 145k@ 1.60.  The Buyers are only 30k per price.  What gives?
Comment by stockmyster on Apr 12, 2022 4:06pm
It's been like this since the buyout of fiore. I believe we have traded over 200 million shares since the buyout was announced. The share price can't get any traction. Take today for an example. There was a positive news release and gold is up over 20 dollars and we ended the day down 2 cents.
Comment by tootall123 on Apr 12, 2022 4:39pm
Nothing to do with the buyout of Fiora, most all gold and silver stocks are in the same boat as CXB. The price of gold is almost at $2000 but the gold stocks are trading like gold is at $1200, the big guys the banks etc.etc.etc. are keeping the price of all gold and silver stocks down cause they are buying big time cause they know that gold and silver will skyrocket soon. Welcome to America ...more  
Comment by greendayyyy on Apr 12, 2022 5:06pm
Most of the gold and silver miners collapsed in the afternoon. Gold and silver miners have been underperforming for nearly two years. I totally agree with what tootall123... wrote. As for CXB, my next target price is $2 in early June. Only a question of patience. 
Comment by edx on Apr 12, 2022 8:49pm
EPS will outperform in Q2 due to price of gold and full integration with Fiore. Grade increases will supplement that. Earnings will move the SP and continued conversion of resources to reserves will increase the important EV measure.
Comment by cyber37 on Apr 13, 2022 12:25pm
"Welcome to America, welcome to the most corrupt lying murdering country on the planet. America is on the way down and has been for some time now, USA is in a freefall and very desperate." So, maybe you should move to Russia & help them kill even more Ukrainian people…..or maybe you are posting from Moscow already, while standing in line for vodka.  Gold is not going anywhere .. ...more  
Comment by geezer21 on Apr 13, 2022 1:58pm
Actually Russia is buying gold.  Unfriendly countries have to pay in roubles.  Chinese trade with Russia is up 28%.  The United States instigated this war.  The U.S. pumped 8 billion into supporting Ukraine neo-nazi groups and spported the Maiden revolution that over threw a democratically elected president. Nato has been training Ukraine soliders.  The United States was ...more  
Comment by cyber37 on Apr 13, 2022 4:15pm
Just look up Aleppo comrade….Yanukovych was a russian puppet & Ukrainian people decided enough was enough & through him out. What you comrade call neo-Nazi are patriots that your mongole leader in Moscow sees as a danger to his authoritarian dictatorship. This has NOTHING to do with NATO or even US; this pip squid mongole is destroying flourishing democracy in Ukraine because it presents a ...more  
Comment by geezer21 on Apr 13, 2022 10:05pm
The Ukraine is caught in the middle of a global geopolitical battle over dominance for resources.  There are no innocents in this world.  There is not a single world leader out there spending taxpayers money to forge peace in the world.  They are all buying weapons and arming themselves to the teeth. The trillion upon trillons of military spending alone is enough to take every ...more  
Comment by SkyeCairns on Apr 12, 2022 4:54pm
Thanks for the input.  That makes some sense. 
Comment by geezer21 on Apr 12, 2022 10:08pm
Yes.  They got it wrong.  I saw it as an opportunity.  The Fiore induced sell off came to an end at the begining of February and has been trending up every since with some volitily in reaction to swings in the price of gold. Check out the chart. Since the begining of Febrary CXB has been on the upswing along with the price of gold.
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