Caledonia Mining Corporation (CMCL)

[NYBob]

Caledonia Mining's Maurice Mason presents at the Mining Capital Conference -
ProactiveInvestors Stocktube

https://www.youtube.com/watch?v=7opCNBnXg28

Q3 2016 Video Presentation -

https://www.youtube.com/watch?v=GGj40sJfMgM

The following chart shows the peak CALVF stock valuation at the last two monthly swing highs.

At the 2013 $1.50 swing high gold production was 10,472 oz and the peak valuation was $7450 USD per ounce, only slightly higher than the October high. Back in 2011, the quarterly gold production was only 7322 oz at the $1.69 swing high and the peak valuation relative to gold production was $12,225 USD per ounce in market cap. If quarterly gold production climbs to 16,000 ounces in 2017, then based on the 2011 high, we can expect CALVF to hit $3.76 USD at the seasonal high next year.

That assumes that CALVF remains conservative and continues its current strategy of organic growth at Blanket.

If you look at the following chart CALVF did a perfect back test of the 20 year downtrend line which was broken as a result of the Brexit vote. Ironic how Brexit caused the break out, and the US election the back test.

image: https://s12.postimg.org/od9skrwd9/CALVFMonthly_Chart_12022016.jpg


by ganndolph, thank you good info -
- God Bless -