Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > CXB Relative to $Gold and GDX
View:
Post by geezer21 on Oct 23, 2023 9:39am

CXB Relative to $Gold and GDX

Repost from last week.  CXB share price appreciated since the post.

Calibre share price reacted to the Isreal/Hamas war.  The price has climbed from a low of about $1.22 over the last 10 trading sessions to $1.47 currently.

In the very short term on Wednesday when there was rise in the gold price there was a pull back on low volume. Maybe someone was taking advantage of a strong market into which to dump shares without depressing the share price to much.

When compared to the gold chart and macro events it looks like Calibre's share price volitility is a mix of micro and marco conditions.  But which has been the biggest influence.

https://stockcharts.com/h-sc/ui?s=CXB.TO

Since a low of $0.52 last November the share price has followed the gold price up.  It has an increased 183% while gold has increased 21.8 % from a low of $1624 to $1978 now.

So Calibre is outperforming gold by a good percentage indicating that Calibre's performance is the biggest influence on its share price appreciation.

https://stockcharts.com/freecharts/gallery.html?CXB.TO
https://tradingeconomics.com/commodity/gold

The charts confirm Calibre's is firing on all cylinders and corporate guidance indicates that will continue making Calibre a buy.

Calibre has been out performing the gold price and the VanEck Gold Miner Index.

The VanEch index since November has gone from $21.6 to $29.5 now for an increase of  36.6% better then the gold price increase of 21.8% over the same period. 

Calibre has increased 183% over the same period showing out performance over both the price of gold and the gold miner's index.

https://stockcharts.com/freecharts/gallery.html?GDX

Comment by tootall123 on Oct 23, 2023 10:00am
Yes! Great and a true and real fact post there geezer but the losers and liars are clueless.....Fact GOLD IS KING...
Comment by Cobalt on Oct 23, 2023 10:56am
Bitcoin +2.78% Gold -0.13%  5 days BTC +9.2%  Gold 1.5% BTC is King Canadian etfs like BTCC make it so easy, when the US drops an etf too the moon Cheers
Comment by Bentouttashape on Oct 23, 2023 12:46pm
@geezer. First of all i appreciate you have posted something about Calibre directly, but Geezer, here is why i know you are a paid pumper for the stock. This is why your posts cannot be trusted. Your information is Cherry picked in small sample sizes, and adds a global situation such as the Israeli/Hamas War to somehow show that Calibre is flying high and out performing gold. You take the last 10 ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities