By: Matt Rego

Calibre Mining Corp. (OTC Pink: CXBMF) is a junior mining company that has significant operations in Nicaragua. On July 7, 2016, Calibre Mining Corp. (OTC Pink: CXBMF) saw shares tumble over 21% on very high volume. Normally, the junior miner sees average daily volume of around 47,500 shares. However, nearly 992,500 shares or $148,875 in dollar volume has already exchanged hands during the trading session today.

There is no specific news out today that would explain the 21% decline in shares of Calibre Mining Corp. (OTC Pink: CXBMF), however, it has been nearly a month since any news was last released out of the mining company. Investors may be getting anxious over the lack of news and updates coming out of Calibre Mining Corp. (OTC Pink: CXBMF).

The last update from Calibre Mining Corp. (OTC Pink: CXBMF) came on June 8, 2016 and showed drilling updates on the company’s Eastern Borosi mine. Here is a compilation map released by the company, showing where the drilling took place and some of the results found from said drilling:

Calibre Mining Corp. (OTC Pink: CXBMF) Declines 21% on Heavy Volume
Calibre Mining Corp. (OTC Pink: CXBMF) Declines 21% on Heavy Volume

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