Calibre Mining Corp T.CXB

Take the risk

[Stratocheif]

Nicaraguapolitical risk update (including some mining this time) In March this year we ran a small series of political risk updates on the worsening conditions for human rights under the dictator Daniel Ortega of Nicaragua, documenting how his increasingly authoritarian government was closing down press outlets, hundreds of NGOs and arresting people speaking out against the oppressive regime. Recently, Nicaragua has been the centre of a small political storm when the USA (as hosts this year) uninvited Ortega and his government from the upcoming Organization of American States (OAS) summit in June. For a while, the US move threatened to see other countries boycotting the event until Nicaragua said that it wasnt even interested in attending (thereby letting AMLO of Mexico and Arce of Bolivia, among others, off a hook of their own making). However, the latest news from Nicaragua has its mining industry as backdrop. Two weeks ago, the regional Catholic bishop, Monseor Rolando lvarez, spoke out at an assembly mass and decried the development of the Pavon mining project located in his diocese at the nearby town of Rancho Grande. The project, owned and developed by Calibre Mining (CXB.to), is now in feasibility stage and nearing the moment when EIA and construction permits are set to be awarded. It is highly unpopular in the zone and historically opposed by the local population, even to the point when a few years ago Daniel Ortega (via his wife) agreed with locals and told the previous operators, B2Gold, to shut down development.

[mangle]

A bit late on this as they already have the permit. Calibre Mining Corp. (CXB) has been granted an essential permit for the development and production of the Pavon Central gold mine The company believes this will help accelerate its work to advance the prolific mine Calibre has been working closely with its environmental experts to ensure minimal impact on the environment The company aims to begin

[Stratocheif]

Never underestimate political issues. A few years back I invested heavily in Lydian International. They had all the permits, built the mine and were producing all to the disdain of the locals. As luck would have it a group of angry locals hired some "local experts" who convinced the government the mine was bad for the environment. The mine was shut down and Lydian stock went to zero

[nrschevy44]

Agreed, the reason this stock is collapsing has to be geo political risk. Daniel Oretega can't be trusted. I learned my lesson the hard way with "Gold Reserve." Initially things in Venezuela were good when they made their huge gold and copper discoveries, we even had a treaty with Venezuela to compensate foreign companies, if they got nationalized. Fat lot of good it did, the only

[ThoughtsOnThis]

The market reaction to this "latest and greatest" news should have you consIdering WTF? 1. Something is definitively wrong with CXB. Sell your shares because $0 is possible. 2. You still believe that CXB is the greatest gold play ever. Mortgage your house and buy all you can. CXB Facts:  Down 40% Y-o-Y Down 35% 5 Year Down 65% All Time A total waste for time and money...

[tootall123]

Nothing to do with geo political risk or Daniel Ortega you brainwashed dumb down clown, most all gold and silver stocks have been getting slammed down for some time now not just CXB. If you own any CXB shares sell them and get lost and never come back you brainwashed loser.. GOLD IS KING.....

[nrschevy44]

Totally disagree, you are a contemptable social media lemming.

[tootall123]

And you get all of your facts from CNN and the corrupt news media...Fact....Sad GOLD IS KING..

[nrschevy44]

Case closed, another Trumper, and how many conspiracies can you list for everyone to see? I dare you.

[tootall123]

Yes you have already listed one of your conspiracies... (Agreed, the reason this stock is collapsing has to be geo political risk. Daniel Oretega can't be trusted. I learned my lesson the hard way with "Gold Reserve." Initially things in Venezuela were good when they made their huge gold and copper discoveries, we even had a treaty with Venezuela to compensate foreign companies, if

[Tad]

Exceptional drill results from Nicaragia and Nevada the past two days. Calibre Mining continues proving up sueccesful exploration ... they will add to their reserve totals when reported in Q1 2023. Geez ... some  +3 OUNCE per tonne ore will be flowing throw the La Libertad mill from Panteon in the future. As far as country risk .... individual US state or Canadian provincial risk, or 

[mjh9413]

All that Tad and Chevy prove is that they and no other Joe can do a darn thing about the World's condition and each of us chooses the risks we take based on just that, the risks we are prepared to take assuming we have at least some facts. Nice rants.

[tootall123]

Excellent post there Tad! But the sad truth is that most of the Canadian/American sheep(people including most of my friends) have been dumbed down and brainwashed since birth by the corrupt media and corrupt lying politicians.... GOLD IS KING...

[geezer21]

Excellent summary Tad.  That is an article well worth paying attention to.

[geezer21]

That is very old outdated news that is no longer relevant that was posted before. Calbrie was issued their licence.