Caledonia Mining Corporation (CMCL)

[NYBob]

Mining Sector: Caledonia Mining is top riser after record output from Blanket mine -
9 October 2012 | 15:50pm
StockMarketWire.com -

Caledonia Mining (LON:CMCL) was the sector's biggest riser in
afternoon trading after it unveiled record gold production from
the Blanket mine in Zimbabwe of
12,919 oz in the third quarter to the end of September.

This was 33% up on a year ago and a
12% increase on output in the previous three months.

Total gold production for the first nine months of the year was
33,643 oz -
a 33% increase on last time.

President and chief executive Stefan Hayden said:
"Production achieved during the quarter is
the highest quarterly gold production ever achieved by
the Blanket mine since its first
recorded year of production in 1906.

"The management and staff at Blanket are to be congratulated
on this noteworthy achievement."

How is it possible that this precious metal producer has a market
cap of $44.7m and yet has revenues exceeding $65m,
profits over $28.5m;
only $139.7k worth of debt; all positive statistics and a share
count that's workable.
Revenue per share is 0.13.
Somebody, please explain.
This stock has to have the side-boards removed and let
the market work for those of us holding common shares.
GLTA
by Q-reus

we haven't seen anything yet -
we are still in shallow workings -
some hand dug since 1000s of years back -
the deeper we go the wider veins and richer massive GOLD ore -

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God Bless