CXBMF Calibre Mining
Sold yesterday at $1.56 and bought back today at $1.49.
When this thread began I had 15,713 shares at $1.06 per share. $16,656
After 7 months and selling and buying back a couple of times I now have 17,436 shares at $1.49. $25,980
$9324 gain in 7 months on $16,656 investment = 56% return.
When this thread began I had 15,713 shares at $1.06 per share. $16,656
After 7 months and selling and buying back a couple of times I now have 17,436 shares at $1.49. $25,980
$9324 gain in 7 months on $16,656 investment = 56% return.
I just did a CXBMF Forum google search and it was #3.exwoodburner wrote: ↑Thu. Aug. 01, 2024 1:55 pmIf you do a google search of "Calibre Mining stock forum" this thread pops up as the 8th result on the first page. I think a lot of people search for "XXXXXXXX forum" so they can find a discussion by real people. I personally do that a good bit.
Calibre Announces Receipt of the Federal Environmental Assessment Approval for the Berry Pit at the Valentine Gold Mine, Newfoundland & Labrador, Canada
06:00:00 AM ET, 08/06/2024 - GlobeNewswire
VANCOUVER, British Columbia, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to announce that the Honorable Steven Guilbeault, Minister of Environment and Climate Change Canada, has approved the addition of a third open pit, the Berry Deposit (“Berry Pit”), at its 100% owned Valentine Gold Mine (“Valentine”). In August 2023, an environmental assessment update was submitted to the Impact Assessment Agency of Canada (“IAAC”) regarding proposed changes to Valentine to include the Berry Pit, and associated infrastructure changes. Following IAAC’s thorough analysis of the submitted update, including the results of consultation with Indigenous groups, communities, stakeholder organizations, and reviewing the results of IAAC’s public comment process, Minister Guilbeault signed an Amended Decision Statement approving the addition of the Berry Pit.
Darren Hall, President and Chief Executive Officer of Calibre, stated: “I am pleased to announce that we have obtained Federal Environmental approval for the development of the Berry Pit at Valentine. With this approval and the recent issuance of Provincial mining and surface leases for Berry and associated infrastructure, we now have the major approvals required for the three-pit mine plan included in the 2022 Feasibility Study."
“Since acquiring Valentine in January, we have progressed engineering to 98%, advanced construction from 50% to 77%, and employed an experienced operations team, positioning us to deliver first gold in Q2, 2025.”
I sold all the shares I had in one of my accounts yesterday at $1.56. Over 12,000 of them I just purchased a couple weeks ago at $1.49, so I made 4.7% in a couple of weeks. I have done this numerous times with this stock. In the past I kept 5,000 shares this time, I sold everything in that one account. I put in a rebuy at $1.42. At this point if I don't get back into this stock because it keeps going up, I will just put the money back into VIAFX.
I remember playing with the stock market in 1987 and the Dow had just broken thru the record high barrier of 2000.
Check out the image.
-
- Member
- Posts: 2199
- Joined: Thu. Sep. 28, 2017 10:57 am
- Location: Coal Township Pa
- Stoker Coal Boiler: K2- Keystoker
- Hot Air Coal Stoker Stove: Alaska Stoker Stove
- Coal Size/Type: Rice
Yea my math keeps getting worse.But either way anything over 10 in 2 weeks time is fantastic and keeping ahead of inflation,i also have treasuries but to wait a whole year to make 5% is like watching grass grow compared to a good stock.
Im sure i will buy again in ever larger amounts at the right price. A lot of volatility ahead in the market so there will be dips and peaks.