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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 > Nice SP bump but!!
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Post by Bentouttashape on Apr 04, 2023 11:49am

Nice SP bump but!!

The quarterlies have been released and Nicaragua continues to show growth consistently. But Nevada continues to be a huge disappointment. 10,000 oz. We were told this mine was at 50,000 oz at time of purchase. We were flat out lied to and doesn't look like it will hit 50,000 oz this year either. 

It is time for this management to come clean and tell us how they will get to 50,000 oz this year. Not next year, not 2 yrs from now, not 5yrs from now. 

This stock is bumping up because of our original Nicaragua assets, not Nevada.
I hate to bash this because I own so much Calibre stock, but imagine where we,d be without Fiore. 

As good as this management is they owe us a explanation and a short term plan on Nevada and quickly!

Comment by shmenkari on Apr 04, 2023 8:20pm
Nevada is a growth prospect, they will drill it and add North American ounces to their resource base. If the 10k ounces bothers you so much it is better to sell and sleep better after. They will not increase ounces in Nevada much this year nor are they likely trying, as Nevada at this time is insignificant to the bottom line except for the resource increase. The company looks much further out into ...more  
Comment by tootall123 on Apr 04, 2023 8:33pm
Well said there shmenkari....................GOLD IS KING....
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