Bullboard - Stock Discussion Forum Calibre Mining Corp T.CXB

Alternate Symbol(s): CXBMF

Metals & Mining Gold

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

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TSX:CXB - Post Discussion

Calibre Mining Corp > CXB share price

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Post by Inthepeg on Dec 11, 2023 9:23am

CXB share price

The simplest explanation for the decline in share value is CXB got involved with Manson. Everything Manson touches turns to sh!t for retail shareholders.

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Comment by Dragunov on Dec 11, 2023 1:07pm

Do you believe that MOZ is worthless? I don't know anything about Mason, but Calibre has been delivering quite well on its forecasts to date.

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Comment by Inthepeg on Dec 11, 2023 3:01pm

MOZ should be worth at least 4 times per oz what CXB is offering . Manson has repeatedly arraged bought deal financing that strongly favor his group of institutional investors at the expense of existing retail investors. This sale has no fixed price & Manson sold 66.6 million shares to CXB at .60 share 2 days after the offer was made public. CXB shares should have increased in ...more

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Comment by Dragunov on Dec 11, 2023 6:33pm

You think MOZ is worth about 2 x as much as Calibre? That seems excessive given that MOZ has neither money nor revenues. MOZ may be worth more, but no one stepped up with a better offer. Selling royalties to operate is a more palatable option for some investors, I guess, than combining 2 undervalued companies into a profitable entity with fully-funded projects. As to Manson, investors were not ...more

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Calibre Mining Corp