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Friday, 08/16/2019 2:50:29 PM

Friday, August 16, 2019 2:50:29 PM

Post# of 5870
From CMCL MD&A August 13, 2019 clearly illustrating one of the extreme political & economic risks of doing business exclusively in Zimbabwe: "Zimbabwe has a severe shortage of foreign exchange which hampers Blanket’s ability to procure the consumables and services it needs to sustain its current operations, to implement the investment programme and to remit funds from Zimbabwe that are needed to sustain Caledonia’s international operations and fund Caledonia’s dividend. Zimbabwe’s rate of inflation has also increased, which has an indirect effect on Blanket’s operations due to the adverse effect on workers morale.".....This reflects the irresponsible, incompetence of CMCL's bozo management team of Steve Curtis, Dana Roets & Mark learmonth policy of being a one trick pony married to Zimbabwe. CMCL shareholders are paying a big time price for the incompetence of these management bozos. No mystery why CMCL's stock is constantly getting hammered & why gold stock investors are treating CMCL stock like it was the black plague. CMCL needs new competent, highly skilled, aggressive management to replace the current management clowns & fulfill CMCL's future potential.
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