Calibre Mining Corp T.CXB

Why only Calibre?

[Bentouttashape]

I find it interesting other companies mining in Nicaragua have not had a similar hit to their stocks? Why only Calibre?.

[Italianwines]

They will all get hit hard. I think the reason Calibre got hit hard today is most of the shareholders are from america  and thats what  president is going after the big money.

[edx]

I guess Condor Gold would be one, although they're a junior and probably don't have much institutional ownership. The selling today would probably mostly be institutional and some retail bailing out. This action reads to me like a low cost attempt by Biden to help shore up the Hispanic vote before the midterms. Democrats are bleeding their support to Republicans. Trying to find more

[bailey2]

Calibre needs to put out a news release asap to calm the waters.......

[edx]

They need to fully understand the implications before they issue a press release. This will involve lawyers and such and probably some consultation with the Treasury Department. A fluff press release doesn't do any good IMO. I'm not an authority on this type of thing, but referring to the below link and quote, "US persons" is key. The only part of Calibre that qualifies as a US

[edx]

Sorry formatting was bad in the last post. But let me boil what I think this comes down to: The US wants to seize money and assets owned by the sanctioned entities that are held in the US or by US companies. Calibre shouldn't be affected by that, but I think what I mentioned before about any US citizen employees of Calibre having problems traveling to the country to work or potentially

[Stratocheif]

There may or may not be important consequences. Depends on what contracts caliber has with US suppliers of equipment, consulting, financing etc. It will all need to be made public in the near future. But in the end, important or not, investors will shy away dashing the hopes of a big move to the upside. A good case study of this kind of thing I believe is sherritt which operates a nickel mine in

[edx]

To be clear, there's no list I could find of what exports are banned. It is more likely to be nothing or minimal mining related than otherwise because if the US wanted to target mining in general in country to dry up funding to Ortega the sanctions would have also prohibited US persons from doing business with any entity that transacts with sanctioned entities. This is absent from the

[tootall123]

Since the History of Mankind all Great Empires fail. The USA has been a Great Empire for the past 50+years and is falling fast and and is very desperate. GOLD IS KING,,,

[Tad]

Not sure there would be much benefit for Calibre management to publicly say anything about the current sanctions imposed by the incompetent Biden administration.  The US is in steep decline, the US dollar is on its last legs of world reserve currency as dozens of countries apply to join the BRICS grouping and a new CIPS international payments system is brought online to counter the

[edx]

Personally I'd like to know what their lawyer reviewed exposure is... my guess is it will be minimal or negligible. They don't need to comment on whether they agree or disagree with them, but it is material to shareholders. Either way, the company generates tons of free cash flow and has no debt. Once the knee jerk selling is done they can always buy back shares on the cheap if warranted.

[Stratocheif]

I suspect it is political and quite serious. Ortega has recently expressed support for Russia. That makes Nicaragua a US target in the biggest geopolitical crisis in the world today. And an easy target because they are a small poor country. As the Ukraine war intensifies, any and all pro Russian states will be bullied by the US in its bid to retain world dominance