NIA Announces New Gold Stock Suggestion: Calibre Mining (TSXV: CXB)

Calibre Mining Corp. (TSXV: CXB)

Currently: $0.15
Shares Outstanding: 252.91 million
Market Cap: $31.59 million

CXB has a joint venture with IAMGOLD (IAG), a $1.93 billion gold miner, to develop the Eastern Borosi Gold-Silver Project in Nicaragua. It already has an inferred resource of 350,000 oz of gold and 5.29 million oz of silver.

CXB has a joint venture with Centerra Gold (TSX: CG), a $1.82 billion gold miner, to develop the La Luz Gold-Silver Project located approximately 230 kilometres northeast of Managua, Nicaragua. It already has an inferred resource of 707,750 oz of gold and 3.14 million oz of silver.

CXB has a joint venture with B2Gold (BTG), a $2.69 billion gold miner, to develop both the Monte Carmelo Gold Project and Primavera Gold-Copper Project located in northeast Nicaragua.

Pierre Lassonde, the billionaire founder of both Newmont Mining (NEM) and Franco-Nevada (FNV), companies with a combined market cap today of $36 billion, is the largest shareholder of CXB.

CXB has a key breakout point of $0.20 per share.

NIA is 100% sure that we will make an absolute killing on CXB!

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