Calibre Mining Corp T.CXB

More GREAT News!

[ThoughtsOnThis]

More great news from CXB today...

June 2017 $1.50 and June 2022 $.....

Somebody help me understand how this company can put out 2+ years of nothing but great news yet finds itself on the verge of trading under $1. Price targets from those (very marginal analysts covering CXB) continue to be reduced. What ever happened to $4? In my opinion it's more than simply "all gold is down". CXB is down 65% from inception which adjusted for normal inflation likely means that $1 invested is something around $0.20 now. CXB = everything but the share price and has been that way for a long long time...

[geezer21]

In my opinion it's more than simply "all gold is down". The data is quite clear that all the gold miners are down since the beginning of April.  They all rose with the price peaking up to 2,000 in March and when the price of gold started falling back the miners declined. A moment ago I looked at the charts for 32 gold miners and they all have the same pattern showing a fall

[ThoughtsOnThis]

Right. Agree. See that. But...shouldn't the "CXB Cream" be rising to the top? Or in the least, not cratering along with the others? Is there another gold company that has put out better results than CXB in the past 2+ years?

[geezer21]

With this stock market crash everything was being dumped.  Even the oil companies got dumped since the begining of June inspite of the fact that oil prices are at all time highs.

[karead]

There is zero interest in gold mining stocks right now. Compare the charts of CXB and the HUI index. Almost identical. When interest returns, CXB will do well. Until then, it's a waiting game.

[greendayyyy]

Gold and silver mines are being bludgeoned right now and not just CXB. Look at the copper mines that are also collapsing right now. I truly believe that the bottom has not been reached. It is seriously starting to look like 2020. Wait and buy the dip.