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 > Gold Futures vs. Spot Gold...

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Post by zack50 on Oct 16, 2024 10:19am

Gold Futures vs. Spot Gold...

In gold futures, the pricing you see is the settlement price at which the buyers and sellers agree to buy or sell the gold futures contracts. The gold futures prices track the prices of the spot gold markets.

If/when you trade the spot gold markets, the price that you see shows the current market value of the asset. Unlike futures contracts, the spot gold markets are not controlled from one central place and trade 24 hours a day. on the other hand, futures trading has specific open and closing hours.

The choice between gold futures and spot gold depends for the most part on an investor’s risk tolerance, investment time line and financial goals.

So...
* Gold futures offer leverage and speculative opportunities.
* Spot gold provides ownership of the physical metal with no time constraints.

Regarding CXB... Hold... Hold... Hold... Hold... Hold

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Comment by Ridgeback on Oct 16, 2024 12:07pm

Regarding CXB, HOLD, HOLD, HOLD. The next leg up won't be too far off. Got glasses today ;) So, very worst case Q-3 in early Nov and a solid $3.00,,, best case, assays out for V.Lake and new highs $3.00+ combined with earnings upside???

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