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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 > Time to use some of that cash
View:
Post by Dragunov on Sep 14, 2023 2:54pm

Time to use some of that cash

Since business appears to be going really well, management should start buying back stock. I don't see any other way to boost the price in the short term. Everything appears to be on track to deliver another record quarter.
Comment by Bentouttashape on Sep 15, 2023 11:20am
Buying back which shares?  We spent $118 M to add 100 thousand shares when Calibre bought Fiore. Now we could spend another 100 M to buy back 75 thousand shares. Get rid of Pan Mine and all Fiore related assets and then share price might go up. Fiore was the worst acquisition by any gold miner in the last 30 years.  
Comment by Dragunov on Sep 16, 2023 12:23am
Maybe my math is worse than I thought... You're saying CXB had spent $1,180 per added share ($180M ÷ 100,000) to buy Fiore and would need to spend $1,333 per repurchased share ($100M ÷ 75,000)? Something feels off. Regardless, repurchase of shares would indicate that management expects good results to continue. Also, it's a good way to reward shareholders until dividends ...more  
Comment by Bentouttashape on Sep 18, 2023 2:06pm
Here is all you need to know.  Calibre Stock Price at time of Fiore Purchase Jan 11/22. $1.05 USD Calibre Stock Price Sept 15/23 $1.08 USD In this 20 month period, we have had loads of "positive" news releases from the Nicaragua assets (all original Calibre assets) In the same period, 0 (zero) positive news releases from Fiore assets.  So if the Stock price is relatively the ...more  
Comment by Bentouttashape on Sep 18, 2023 2:12pm
Oh, and did i forget to mention that Price of Gold on Jan. 11/22 was $1820.00 oz USD and today it is over a $1920.00 oz. 
Comment by Dragunov on Sep 18, 2023 3:20pm
All I need to know is that the stock price during the past 20 months hasn't changed??? That's one way to look at it. I prefer to interpret the lag in price while both production and profitability are greater than ever as a sign of hidden value. There were zero positive announcements about the Fiore assets??? Really? Calibre has acquired a 100 per cent interest in Fiore’s operating Pan ...more  
Comment by Dragunov on Oct 13, 2023 1:13pm
Looks like I made the right call and CXB continues to deliver exceptional results.
Comment by tootall123 on Oct 13, 2023 7:47pm
Yes you made the right call there Dragunov.....   GOLD IS KING...
Comment by tootall123 on Sep 18, 2023 2:53pm
@ Bentouttashape  If you own any shares of CXB please sell them and move on. If you don't own any shares of CXB get lost and never ever come back. GOLD IS KING....
Comment by Bentouttashape on Sep 18, 2023 3:58pm
@tootall123.  Looks like we struck a nerve there. Just stating the facts. I know that would be too much for someone who sleeps like a baby, to process. 
Comment by Dragunov on Sep 18, 2023 4:05pm
Your opinions, like "Fiore is the worst mining acquisition of any miner in the last 30 years", are not facts. 
Comment by tootall123 on Sep 18, 2023 6:03pm
This Bentouttashape  has no facts and has no shares in CXB.....Fact GOLD IS KING...
Comment by Dragunov on Oct 19, 2023 6:42am
Looks like management agrees with me and I with them...
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