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Calibre rebore aims high

Timing is everything. Ask what makes a successful junior and you will hear answers such as the quality and experience of the management team, the geology and other endogenous aspects of a project. All this is true but timing — management knowing when to execute — is often everything and the timing of the rebore of Calibre Mining could not have been better: a rising gold price, a host country steadying after turmoil and keen to attract new investment, a growing mid-tier gold producer willing to prune its portfolio and a market ripe for consolidation and growth stories.

Calibre rebore aims high Calibre rebore aims high Calibre rebore aims high Calibre rebore aims high Calibre rebore aims high

The El Limon pit with mill in background in Nicaragua

The former management team of Newmarket Gold [who completed a C$1 billion sale to Kirkland Lake Gold in September 2016] prised the cherished Nicaragua assets from Clive Johnson's B2Gold in a US$100