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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 > Gold Price May Reverse Downward
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Post by geezer21 on Jul 31, 2024 12:17am

Gold Price May Reverse Downward

The rise in the price of gold since March may see a reverse soon:

https://www.zerohedge.com/news/2024-07-30/ross-norman-gold-and-art-war



Comment by Mako2022 on Jul 31, 2024 12:25am
Downward pressure is expected and inevitable that's completely obvious. The more pertinent dialogue is.... Can mining companies continue to remain profitable. It would take a surmountable decrease by the hundreds to be impacting companies whom run a project that's proven to be profitable even with fluctuations in Gold. Fluctuations and consolidations are always ongoing but eventually gets ...more  
Comment by geezer21 on Jul 31, 2024 8:04am
At the moment Isreal bombing of Bireut has caused gold to spike. https://www.zerohedge.com/geopolitical/huge-airstrikes-rock-densely-populated-beirut-suburb-israels-retaliation-begins
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