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Re: Montanore post# 1893

Thursday, 02/11/2016 3:01:39 AM

Thursday, February 11, 2016 3:01:39 AM

Post# of 1985
Montanore thank you, its stable - low taxes -
low cost - happy workers who got 10% of the mine -
they living in good housing - good community which
also got 10% of the mine and CALVF is one very low cost
producer of gold @ about $600/oz and has NO DEBT -
last I heard they had >$20million in London bank -
paying about 6-8% in dividend -
http://www.caledoniamining.com/index.php/dividends
1100 workers and the mine goes 24hrs/day -
sorry - I have not found a better producer -
to redevelop the mine would cost a few billion -
the mill cap. is about 3800ton/day and they
only mine about 1000t/day so don't need to pay out
much to expand it - they have 19 old mines
Falconbridge used to mine and they only mine
the main mine but 3 mines within short trucking distance
are under re-commission etc.
they found about 268 old mines hand-dug since 1000yrs back -
historic ruins of ex.
Q-Sheba capital close by -
its not hard to to do dd on CALVF -
many videos often a few / month etc.

http://www.caledoniamining.com -

http://investorshub.advfn.com/Caledonia-Mining-Corporation-CALVF-5294/
God Bless -


My opinions are my own and and DD I post should be confirmed as unbiased

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