CXBMF Calibre Mining

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ColdHouse
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Post by ColdHouse »

This stock has net profit of $0.24 and selling for $1.05.
The company is flush with cash and is proposing to purchase up to 33 million of their own shares over 12 month period at market price beginning in Jan 24.
IMHO it is a winner. I purchased 15,000 shares this morning.
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Hambden Bob
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Post by Hambden Bob »

Cold,Who needs "Vegas" when You've got "Action" like this..?!? Personally,many thanx for this tip and I hope You "Clean House" on Your venture..!!

ColdHouse
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Post by ColdHouse »

Hambden Bob wrote: Thu. Dec. 28, 2023 7:33 am Cold,Who needs "Vegas" when You've got "Action" like this..?!? Personally,many thanx for this tip and I hope You "Clean House" on Your venture..!!
Invest at your own risk!
Good luck.

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Hambden Bob
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Post by Hambden Bob »

ColdHouse wrote: Thu. Dec. 28, 2023 7:44 am Invest at your own risk!
Good luck.
:lol: :yes: Yep..!! My Parents did when they hatched me... Look how that investment worked out..!! :mrgreen: :hangover:

ColdHouse
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Post by ColdHouse »

Consider This:
One stock selling for about $18 net profit of a few cents.
One stock selling for about $40 net profit -$1
One stock selling for about $1 net profit $0.24 with company wanting to purchase 30million shares with cash on hand at market price.
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gaw
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Post by gaw »

Who doesn't like gold? It's in our human DNA. A wise man said don't put all your eggs in one basket. Diversify and go broke in slow motion. I may throw a few dollars at this one, you never know. Thanks for the tip.

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Post by ColdHouse »

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ColdHouse
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Post by ColdHouse »

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ColdHouse
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Post by ColdHouse »

I do not think it is too late.
I think I will easily more than double my money.
I think this is a hidden gem.
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Note the other mining stocks I mentioned are down considerably since I mentioned them, but, CXBMF is making money has great news and has a company buy back of stocks in place that will certainly raise the price since they will purchase stock on the open market.
You guys miss this and you will regret it.
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ColdHouse
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Post by ColdHouse »

My guess is if a person gets in now they can double their money in less than a year.

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Post by Hootyburra »

What do you use for your trading?

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gaw
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Post by gaw »

Gold mining stocks can be quite volatile, not for the faint of heart. I put a limit order in for CXBMF that may or may not get filled. Also looking at two ETFs, NANC and KRUZ. That way I can live like the masters do.

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Retro_Origin
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Post by Retro_Origin »

While not in response to your information (which is above my intelligence level) I've always considered the most straightforward get rich quick scheme to be a bank robbery. It will either be a raging success or a total loss. The good news is you don't have to endure long periods of tense waiting to find out the success of the venture.

ColdHouse
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Post by ColdHouse »

I use TD Ameritrade but I think they are now bought out by Schwaab.
At this point, if I was interested in purchasing, I wouldn't put in a limit order or wait for it to pull back, I would place a market order and be happy.
My guess is it will go to over $2.20 in less than a year. I will sell at $2.16 after doubling my money.
One only needs to look at the fundamentals of the company and compare that company to any other in the sector.
Furthermore, with the company repurchasing shares on the open market over the next year, it will obviously add daily volume and more purchasing than selling.
Since I commented on the stock it went down somewhere in the $0.90 range. Had I had more to invest I would have bought more. If I purchased today at market I would buy more if it dipped.
I have watched and owned a few shares of this company for several years. I purchased a bunch when I started this thread because of the announced company buy back and all the positive news and because they are simply a profitable company of good value.
If you miss out you will regret it.
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ColdHouse
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Post by ColdHouse »

gaw wrote: Mon. Mar. 04, 2024 9:07 pm Gold mining stocks can be quite volatile, not for the faint of heart. I put a limit order in for CXBMF that may or may not get filled. Also looking at two ETFs, NANC and KRUZ. That way I can live like the masters do.
Volatility of this stock would not scare me. They have remained profitable thru the very bad times for gold. They make money regardless of what is going on with gold, silver. They have their expenses under control and great assets including flush with cash.
There are stocks that sell for thousands of dollars that lose hundreds and those stocks are pure speculation.
This stock has great fundamentals. They make money and have their house in order.


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