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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 > Warrants
View:
Post by karead on Sep 06, 2024 8:10am

Warrants

I have to admit, I expected more of a share price reaction to the most recent news release from Valentine. Am I missing something?  In fact, I read it again, and there is no way that this news shouldn't have given the shares a bit more of a pop.

The only thing I can see holding us back is the old Marathon warrants that expire on the 20th of this month. They are exerciseable at $2.20, which means any share price higher than that puts the warrants in the money. If you are holding the warrants, it makes sense to sell any shares you are holding, and exercise the warrants for an immediate profit. 

Maybe we will start to gain some value after the 20th.
Comment by Bentouttashape on Sep 06, 2024 10:01am
Karead, I also expected more. I trade thru TD.  In the past all of Calibre's new releases have made it to the Cowen Daily News Reports on TD.  For some reason this past release did not show up at all on TD which i find very peculiar. I wonder if this was the same on other trading houses.  I wonder if anyone else saw a news bulletin at their trading houses or was this just ...more  
Comment by Ridgeback on Sep 06, 2024 10:16am
Most of the analysts were at the V.Lake site visit for a tour so I did not expect to see any updates until they get back to business? 
Comment by Ridgeback on Sep 06, 2024 10:22am
Five of the Best Gold Stocks to Buy Today     Goldman Sachs just said that gold has the highest potential for a near-term price increase, as noted by LiveMint.com. "Imminent Fed rate cuts are poised to bring Western capital back into the gold market, a component largely absent of the sharp gold rally observed in the last two years," the brokerage firm said in ...more  
Comment by Singoa58 on Sep 06, 2024 10:56am
Goldman is a horrible source .. 3000.00 gold ??? Lol no way jose
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